Description

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.

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.

Features

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

Premises

Spacious and well appointed barber shop totalling 52.44 sq mts.

Location

Conveniently located in small shopping plaza anchored by large national supermarket in North West Sydney.

Trading Hours

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

Lease

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

Employees

1 owner

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

SBX ID

PM1071