Barber – Mens Hairdresser – Hairdresser

For Sale

·
North West Sydney

Business Code: PM1071

$170,000
Key Features: Busy location. Profitable - Good reputation - Huge potential to grow the business.
State: NSW
Suburb: Macquarie Park
Location: Conveniently located in small shopping plaza anchored by large national supermarket in North West Sydney.
Premises: Spacious and well appointed barber shop totalling 52.44 sq mts.
Price not disclosed

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Too far from Home

Sale Reason

No year data

Established

Abundant Free Parking

Parking

1 owner + one more Barber

Employees

7 days - Monday to Wednesday: 9:30 am to 5:30 pm. Thursday: 9:30 am to 7pm. Friday: 9:30 am to 6 pm. Saturday: 9 am to 5 pm Sun 10am - 3pm

Trading Hours

7 year lease commenced Dec. 1, 2020 - expires Nov 30, 2027 - 4.5% yearly increases - 3 month bank guarantee $16,325.46

Lease

Barber – men’s hair salon – hairdresser, in one of Sydney’s rapidly expanding residential areas. Established for 5 years, this salon has returned excellent net profitability for the owner from day one. The store exhibits a modern, yet retro on trend barber fit out, featuring 5 cutting stations and one wash basin with designated rear office area. Passerby foot traffic is a key attribute with an ever present supply of new customers supplementing the existing clientele. Positive google reviews of 4.6 Stars. The store represents a profitable and solid opportunity for a dedicated barber / hairdresser looking to acquire a well located busy shop with potential to grow. – Regular customer base – Prime expanding Location – No competition – Excellent exposure – Extremely well-presented Barber Shop – Currently operated by 1 owner – Business trades 7 days – Low overheads operation – Highly profitable business. – Just added another Barber – More Profit !

Features

Busy location. Profitable - Good reputation - Huge potential to grow the business.

Potential

Enhance social media presence via instagram and Facebook - Increase retail offering of professional hair care products - Lease chairs to other barbers - Add hairdressers to the shop and become a unisex salon.

Comments

A simple well located Barber Shop represents an excellent opportunity for experienced barber or new hairdresser. As the salon has multiple cutting stations and a wash basin the shop has capacity to become a larger barber business or a unisex hair salon. Misc -1 - Other sundry expenses - Misc. - -2 - Other expenses and allowance for GST. Owners does not take a wage

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$5391
Cost of Goods
$300
Gross Profit
$5091
Rent
$1147
Telephone
$25
Insurance
$20
Electricity
$52
Misc 1
$400
Misc 2
$300
Total Expenses
$1972
Net Profit
$3119
Price
$170,000
Price
$170,000
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