ATTN: Regional Area Business Hunter - Lucrative Nails Salon at High Foot Traffic Location
Short Summary
A renowned nail salon with great reputation in the industry located less than 400 KM from Brisbane generating super remunerative return to owner.
Key Selling Points
- Established brand
- Low Overheads
- Low Stock requirements
- Low working capital requirements
- Cashflow Positive
- Strong year to year Sales
- Strong year to year Growth
- Low Rent
- Long Term Lease in place
- Simplistic business
- 80% Repeat Work
- Best Location
- High foot traffic location
A prestigious and thriving nails salon nested in a high foot traffic shopping centre in a regional area less than 400km North of Brisbane. This profitable Nails salon is known for its exceptional services and has became one of the most sought-after nail salon in the vicinity. The owner works as the Manager supported by a team of highly trained, reliable, and capable staff.
In order to save legal fee, the shop’s lease is still under the ex-shop renter who is a good friend of the present salon owner and the assignment of lease will be guaranteed to be frictionless for the buyer.
The lease offers a reasonable rent of $1,200/week (including GST & O/G). Weekly staff wages is around $1,400 (including superannuation) and costs of goods are 40% of the income leaving a handsome weekly net profit of $3,500+ (Annual Netting $175,000+) to the owner who is reluctant to offload but due to young family’s commitment (2 little kids).
This is a perfect business for motivated entrepreneur(s) or investors who are chasing above average ROI and inspired to maintain the salon’s current elite status or to expand its offerings capitalising on its solid foundation for future growth.
The seller is committed to offer tuition and transitional support post settlement for the new owner to facilitate this successful business for a seamless transition.
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $270,000 (negotiable)
Ref. no. BUY2419