$149,000 + SAV (approx. $3,000)
The shop offers a variety of services for its clientele including classic haircuts and styles, kids' haircuts, beard trimming and even men’s treatments. This business is currently running under management with little involvement from the Vendor. The business employs 3 full-time staff members (including the manager).
The shop has 5 cutting stations/chairs which allow them to move through a high volume of their customers, they don’t take bookings and customers only need to walk in and take a seat to wait in turn for their haircut. Current sales are around $6,500 - $7,000 per week.
This business is ideally suited to an owner operator to come in and create their own personalised barber shop.
Tony Iasiello 0412 217 608
|Goodwill including Plant & Equipment||$149,000|
|Stock at valuation (approx)||$3,000|
|Year||Sales||Return to Owner||Return on Owner's Investment|
|Current Rent||$5,079.01 per month + GST|
|Lease Term||6 years|
|Lease Commencement||12th February 2018|
|Lease Expiration||11th February 2024|
|Right of Renewal||Nil|
|Outgoings||Paid by tenant|