$270,000 (negotiable)

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

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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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