$350,000 (Under Management)

Under Management Hair Salon | $173k SDE | Prime Location | VISA 188A Suitable

Short Summary

Thriving Gold Coast hair salon | $173k SDE | Under management | Secure lease | Great for lifestyle buyers & VISA 188A suitability

Key Selling Points

  • Established brand
  • Under Management
  • Passive Income
  • Low Overheads
  • Cashflow Positive
  • Non-hands on Owner
  • Long term Management and Staff in place
  • Strong year to year Sales
  • Strong year to year Growth
  • Strong year to year Profits
  • Low Rent
  • Long Term Lease in place
  • Simplistic business
  • 80% Repeat Work
  • Best Location
  • High foot traffic location
  • High visibility location

An exceptional opportunity exists to acquire a highly profitable and fully managed hair salon with a trading history spanning more than 13 years. Situated in a thriving suburban retail hub on the Gold Coast, the salon benefits from high visibility, steady foot traffic, and a strong local reputation built on years of service excellence.

This business is a turnkey investment that appeals to a wide range of buyers. Whether you are seeking a semi-passive investment, a profitable lifestyle business, or a compliant pathway through the Australian Business Innovation & Investment (VISA 188A) program, this salon delivers on all fronts.

Business Strengths
Established for 13 years with a loyal and repeat clientele
Under Management: Owner does not work in the business
Strong Financials: Approx. $450,000 annual turnover (~$9,000 weekly sales including cash)

High Profitability: Net profit ~$147,900 p.a. plus owner’s wage – total SDE $173,400
Attractive Lease Terms: Secure until 2027 with 2-year option
Low Overheads: Rent just $860 per week (incl. GST & outgoings)
Skilled & Stable Team: Experienced full-time manager, senior stylist (7+ years), and casual support staff ensuring smooth operations

Financial Snapshot (Weekly)
Sales: $9,000
Rent: $900
Wages: $4,000
Superannuation: $500
Miscellaneous (insurance, fees, subscriptions): $500
COGS: $200
Net Profit: $2,900 per week

Why This Business Stands Out
Turnkey, investor-ready business with all systems in place
Proven profitability in a recession-resilient sector
Excellent suburban shopping location with constant local foot traffic
Secure lease with affordable rent for peace of mind
Ideal for VISA 188A applicants seeking a compliant, profitable business
Opportunity to remain under management or increase owner involvement for even greater returns

Enquire Today
Businesses of this calibre and simplicity are rarely available. With a long history of consistent performance, a stable team, strong profits, and minimal owner involvement, this salon is an opportunity not to be missed.
Take advantage of the chance to secure a proven, fully managed business in a booming Gold Coast suburb – perfect for investors, lifestyle buyers, or those seeking a pathway through the VISA 188A program.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $350,000 (Under Management)

Ref. no. BUY2557

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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