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Business for sale in VIC , MELBOURNE CITY
Private Seller: AMK Consulting
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Stylish, upmarket, boutique hair salon located in premium CBD location

 
Location: VIC - MELBOURNE CITY
Category: Hair Beauty
 
Financial summary
Asking Price: 49000.00 + SAV
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
 
Business description

Stylish, upmarket, boutique hair salon located in premium CBD location off the Paris end of Collins St. The current owner has built a very strong foundation to realise value out of the business. Strong revenue growth over the last 6 months achieved from investment in marketing has proven the value exists. Perfect opportunity for a larger salon to expand their footprint and achieve synergies, or for an owner operator to realise their dream of owning their own salon.

Business highlights:
  • Book of business; client database of ~2350 records
  • Salon fixtures and fittings, stock, brand equity and good will
  • Transfer lease of premises (68sqm); short or long term options available
  • Achieved ~50% revenue growth in the 6 month period from July to December 2011
  • Currently averaging over ~$3000 gross sales per week
  • Strong and growing brand; featured in premium fashion magazine editorials 4 times in last 12 months
  • Premium CBD location close to the Paris end of Collins St; ~1500 daily passing traffic, attractive client base drawn from surrounding office buildings
  • Very high quality fit out using premium materials and fittings
  • Significant capacity to grow; existing 6 chairs and 2 basins with room for more
  • Affordable rent
 
General Information
Year established: 2007
Trading Hours:Tuesday to Saturday
 
Other Information
Realocatable: Book of business, salon fixtures, fittings, stock, brand equity and goodwill
Real Estate: Leased area of 68sqm.
Expansion: Significant potential to expand and generate economies of scale. 6 cutting chairs and 2 basins with room for more.
Support Traning: Owner willing to consider ongoing business support for an agreed period after settlement.
Reason Selling: Business under management. Owner selling for health and lifestyle reasons.
Lease Terms: Short or long term options available.