$350,000 + SAV

Highly Profitable Niche, Hair Salon in the Vicinity of SunnyBank (Perfect for Visa 188a)

Short Summary

Exceptionally profitable, well-established and much-loved salon in the bustling heart of Sunnybank’s vicinity (Perfect for Visa 188a applicants).

Key Selling Points

  • Established brand
  • Recession proof
  • Low Stock requirements
  • Cash Cow!
  • Strong year to year Sales
  • Strong year to year Growth
  • Strong year to year Profits
  • Long Term Lease in place
  • High Profit Margins
  • 80% Repeat Work
  • Best Location
  • High foot traffic location
  • High visibility location

An unparalleled opportunity in the heart of the vicinity of Sunnybank to own this Popular, Profitable & Growing Hair Salon. Having thrived under successful management for 4 glorious years, this salon not only boasts profitability but also stands as a testament to the flourishing community it serves. Distinguished for its unwavering commitment to delivering top-notch hair care services, this salon has cultivated an expansive and dedicated clientele.

Situated in the heart of a vibrant shopping hub in the Sunnybank vicinity, this salon boasts prime real estate and foot traffic galore. Customers flock in effortlessly thanks to ample parking and the irresistible allure of its top-notch hair services. This amazing salon offers a comprehensive range of haircare products resulting in fantastic haircare results for its many loyal clients.

The owner’s wife is the managing hairdresser supported by a team of highly skilled and dedicated team consists of hairdressers and assistants with established client portfolios for recurring business.

Strong and stable weekly income of $15K (including cash) and after deducting the weekly rent of $1500 (inclusive) and wages of $5500 (including owner’s wage) and the misc. expenditures, this business delivers a lucrative net profit to owner of over $350,000 pa. (excluding the owner’s wage).

This business is perfect for all the trendsetters and go-getters in the hair industry and is a perfect and safe business for the Visa 188a applicants.

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

Asking $350,000 + SAV

Ref. no. BUY2367

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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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