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Listing ID: 2966550

Business - BeautySalon Selling below fitout cost For Sale

Sydney, NSW, Australia

$119000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Retail - Beauty Salon - Sydney CBD
SBX Business Code: W1657
Beauty salon with 3 treatment rooms, 2 nail chairs, 2 facial and body massage chairs, servicing facials and whole body care, nail care, pedicures, eye lashes, waxing and laser treatments. - Price includes all equipment - Air conditioned - Turnover has been restricted to only trading 5 days to allow current owner under fully management run two businesses.

Potential
New owner could add more beauty services - Could open Saturday and Sunday - Promotion through local magazines, newspapers and to the many office buildings nearby - extend opening hours

Features
Prime location - Beautiful shop fitout - Almost brand new shop - Very cheap rent.

Premises
This business has an area of 100 sq.mts

Location
Situated on 2nd floor of a commercial building in the heart of Chinatown.

Trading Hours
5 days - Mon. - Fri. - 1000 a.m. - 700 p.m.

Lease
3 years + 3 years option from May, 2018 - Rent increases 4% per year - 3 months bond.

Employees
1 fulltimer + 3 parttimers - Fully under management

Comments
Most of the customers are 70% Chinese - No outgoings - No water charge. -Owner invested over $200,000 on shop fitout - Not selling on figures but fitout. - Currently only opens 5 days to allow current owner to run two businesses - Motivated vendor - A new highly motivated owner has lots of potential to build up a very solid business - A must inspection.
Figures
Weekly Sales $3500
Rent (ex GST) $700
Wages $1500
Profit $1000


SBX Business Code: W1657

SBX Business Brokers

Property Details

Other Details

Premise Details:

Prime location - Beautiful shop fitout - Almost brand new shop - Very cheap rent.

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