$500,000 turnover hairdresser for less than $100,000.

Business Details

Classique Hair Design of Queanbeyan

If 2022 is the year to start your own business, start with this one.
 
With a turnover approaching $500,000 and an owners' profit of $125,000, this is the perfect business to start building your cash flow asset base.
 
Have you considered starting your own hairdressing salon?
 
Consider the benefits of buying a well-established business such as Classique. It has 30 years+ of success and offers instant customers, cash flow, and profits if you take ownership.
 
It's essentially a 4 & 1/2 day week business with the owner working as little as 20 hours a week.
 
There is an excellent complement of trained staff employed by the business.
 
The monthly rent is relatively low at about $3,500 per month with a long secure lease. There are no complicated significant shopping centre lease terms either.
 
The owner is motivated to sell and has set an asking price of $80,000.
 
Inspections and enquiries to be directed to Simon Lee of Capital Commercial Business Sales call 7 days 0451819158 or email sales@capitalcommercial.com.au

Financial Snapshot

Reporting Period 2021 Weekly Average 2020 Weekly Average 2019 Weekly Average
Sales $494,481.00 $9,509.25 $424,217.00$8,158.02 $396,927.00 $7,633.21
PEBITDA $127,800.15 $2,457.70 $55,127.58$1,060.15 $76,882.94 $1,478.52
Rent $35,766.00 $687.81 $35,108.00$675.15 $40,346.00 $775.88
Owners Wages $59,400.00 $1,142.31 $55,650.00$1,070.19 $54,294.00 $1,044.12

Business Summary

Canberra, Australian Capital Territory
Hair dressing, beauty salons & day spas.

The premises are leased.

• Commencement Date: 1 August 2021
• Termination Date: 31 July 2026
• Term: 5 years
• Further Terms: N/A
• Bank guarantee: An amount of $10,300.40 including GST as at the Commencement Date
• Annual rent: $41,202.00 per annum inclusive of GST
• Current monthly rent: $3,433.50 inclusive of GST
• Outgoings: 100% of excess water only
• Public liability insurance: $20 million
• Total square meters: Approx. 130 SQM

2 Senior Hairdressers, 1 3 rd Year Apprentice and 1 Owner
Monday - Closed, Tuesday, Wednesday and Friday 09:00 to 05:00, Thursday 09:00 - 08:00, Saturday 08:3
Owner Operated

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Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty

Investment Amount : $80,000

Stock at Value : $5,000.00

Finance Options :

Frank Walmsley

0400 446 605

sales@capitalcommercial.com.au