IMMACULATE HAIR SALON UNDER MANAGEMENT

Posted by: Kristina Andreassen | February 14, 2025

$220,000

Description

Immaculate Hair Salon Under Management

- Gold Coast QLD

Short Summary

Located in one of the Gold Coasts Iconic and largest Shopping Centres with massive foot traffic.

Key Selling Points

Established brand
Under Management
Passive Income
Long term Management and Staff in place
Strong year to year Sales

Getting into centres like this one is extremely hard because everyone wants a retail business with the highest possible foot traffic.

Beautifully fitted out, but the core is the amazing staff who have been with the business long term, and will be keen to stay on in the same roles. A working owner would certainly benefit at least another $50k if not more, so this would give you a return of around $160,000 profit.

This Hair salon is actually also a barber and so a good percentage of the clients are men. It has a great neutral feel so you’re not just targeting one demographic, and they also do do all ages.

The seller has zero to do with the running of the business, and sometimes won’t set foot in the store for months. So this really is an opportunity for a smart investor looking to get a return on investment within 2 years, and being fully managed, and in such a great location, we feel asking 2 times profit under management is cheap.

The seller will consider all genuine offers but is not in a rush, and doesn’t need to give it away has says so an offer will have to close to the asking price.

Contact Kristina Andreassen 0429 537 908 | Tinus Potgieter 0435 448 417

Asking $220,000

Ref. no. BUY2422

Confidentiality Agreement

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (b) “Business” means the business referred to in this Confidentiality Agremeent and/or described in any Agreement. (c) “Property” means the property referred to in this Confidentiality Agreement and/or described in any Agreement. (d) “Seller” means the party described in any Agremeent between the Recipient and includes heirs, executors, administrators, successors and assigns; and in the event the Seller uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Seller shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (e) “Agent” means Business Classifieds Pty Ltd ATF Business Classifieds Trust. (f) Words denoting the singular include the plural and vice versa, words denoting individuals or persons include bodies corporate and vice versa, words denoting one gender include all genderss and references to documents or agreements also mean those documents or agreements as changed, novated or replace. (g) Grammatical forms of defined words or phrases have corresponding meanings. (h) Reference to the Recipient shall bind their heirs, executors, administrators, successors and assigns. (h) Obligations under the Confidentiality Agreement affecting more than one party bing them jointly and each of them severally. AGREEMENT: The Recipient ("I/We/Me/Us") agrees to the Confidentiality Agreement as follows: In consideration of the Agent agreeing to provide me/us directly or indirectly with information relating to any Business/Property presented to me, I/We hereby agree and undertake as follows: (1) I/We will hold and keep as strictly confidential all information, statements, opinion, forecasts and other matters of whatsoever nature, whether written or oral (“the Confidential Information”) except in so far as the same may be or become information in the public domain. (2) I/We will not disclose any of the Confidential Information to any employee or third party unless such employee or third party is specifically required to have knowledge of the same for purposes directly related to my/our consideration of the Business/Property. (3) In the event of my/our making any disclosure to any employee or third party, I/We undertake to procure that such employee or third party prior to such disclosure agree to be bound by the terms of the Confidentiality Agreement in writing prior to disclosure of the Confidential Information or any part thereof and a copy of such written acknowledgement shall be filed with the Agent immediately prior to such disclosure. (4) In the event that after consideration of the Confidential Information, I/We do not purchase or make an investment in the Business/Property, I/We will forthwith return the said Confidential Information together with any copies, notes thereof (or any part thereof) or any documents containing extracts reproduced there from made by or on behalf of us, and delete all electronic records. Furthermore, I/We will maintain the confidentiality of such information and not use the same for any purpose. (5) The Recipient must not in any manner whatsoever either directly or indirectly be concerned or interested in the Business/Property without the Agent's involvement. (6) I/We undertake to indemnify the Agent against any actions, proceedings, costs, claims, demands or liabilities which the Agent may suffer in consequence of any breach by me/us of the undertakings herein contained. (7) The obligations, covenants and undertakings contained in the Confidentiality Agreement shall continue in force without any limit in point of time. (8) I/we acknowledge the Agent does not adopt or endorse information provided by the Seller. (9) I/we agree and confirm that this electronic Confidentiality Agreement is enforceable. (10) I/We acknowledge that the Agent is the introducing agent and that all dealings with the Seller will be communicated through the Agent unless otherwise agreed in writing at a later date. I/We will not do and/or say anything that interferes and/or circumvents the Agent’s entitlement to Commission. In the event that the Recipient acquires Interest in the Business/Property, either in part or whole, the Recipient acknowledges and agrees that, had it not been for the Agent, such Interest would not have occurred and agrees that the Agent was the effective cause of such acquisition.*
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Property Features

Real Estate Agent's

About
Bio
Recent Listings

Kristina Andreassen

0429 537 908

Fluent English, Norwegian, Swedish, Danish. As a current and previous business owner, Kristina brings with her over 15 years experience in multiple industries. She has a deep love and understanding for local business after spending almost 20 years on the Gold Coast. She truly understands the pressures business owners face during the process of selling a business, and she is passionate about helping business owners bring their business to market. She is committed to achieving a win-win outcome for both buyer and seller, and her ultimate goal is to offer the highest possible level of service, trust and professionalism. Kristina is enthusiastic and loves helping buyers and sellers find a match and has successfully done so with outstanding results! She has a Bachelor of Business Administration (BBA)

About
Bio
Recent Listings

Tinus Potgieter

0435 448 417

Fluent English, Afrikaans Business Sales Hello! I’m Tinus, a seasoned Chartered Accountant (South Africa), now based in the Gold Coast. I proudly served as a key member of the executive management team of a large, diversified South African listed group where I was involved in both small and large mergers, acquisitions, and business disposals across industries such as retail, food, agribusiness, automotive, petroleum, horticulture, and forestry. My qualifications and experience give me a deep understanding of finances and legal contracting. I’m committed to your success and will go the extra mile to deliver the results you need. I believe in transparent, integrity-driven transactions where both buyers and sellers walk away satisfied, with a clear understanding of the deal. I don’t approach my work as a typical salesperson; instead I offer a client-focused, ethical approach. You can trust my integrity and my commitment to understanding your business needs. On a personal note, I have a wonderful wife who is a teacher, and together, we’re raising four amazing kids. Outside of work, my passions include spending time with family, golf, fishing, sports, and horticulture. Let’s connect for an obligation-free discussion about your requirements – I look forward to discussing how I can help you achieve your business goals.

Kristina Andreassen February 14, 2025 Comments Off

LUCRATIVE TOBACCONIST WITH GOLDEN CASKET IN THE HUB OF SMOKERS NEWER ENTRIES

OLDER ENTRIES LONG ESTABLISHED, HIGHLY PROFITABLE & OVER MILLION ANNUAL SALES BAKERY IN GOLD COAST

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IMMACULATE HAIR SALON UNDER MANAGEMENT

Description

Immaculate Hair Salon Under Management

- Gold Coast QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Kristina Andreassen

Tinus Potgieter

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