This immaculate salon has a modern fit out with 8 stations and 3 basins. Occupying a 114.6 square metre space, there is also a large back room, internal bathroom and laundry facilities as well as a processing/waiting table with 8 stools and large reception and retail area.
The beauty room is currently rented out. There is also a nail station that is available for rent, or alternatively, new owner could use this space as another hair station.
This salon enjoys huge exposure due to being in a stand-alone shop and on a busy road, with rail line passing by as well. There is ample free unlimited time parking directly out front and in a side street.
The business has an excellent reputation and database with thousands of clients, as it has been running for 10 years - 5 years at this location and 5 years in another Bayside location. It is the only salon in the area, so there is no competition and this salon is popular with the locals. Regular clients also come from far and wide, the salon is always busy.
Turnover in the last full trading year was $650,000. The salon enjoys low rent of $650 per week including outgoings and a lease of 1x2x2 Commenced September 2021 with options to extend.
Trades 5 days: Tuesday - Friday 9am - 5:30pm; Saturday 9am - 3:30pm.
Fully staffed with 3x freelance stylists who rent a chair, 1x freelance beautician, and 3x stylists on the books (1 full time and 2 part time), the owner only works part time.
Well worth an inspection. Perfect for an established business looking to expand into this bayside area or for an owner-operator.
For more information and to organise an inspection please contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.