08 8361 3074

Beauty haven with a 35-year history

Sold

Business Description

This business has been a respected name in the beauty industry for 35 years, with the last 8 years marked by success at its current location in a shopping hub in the southern suburbs. This well-established salon is staffed by a team of three dedicated professionals chosen for their expertise and commitment to excellence. Offering a comprehensive range of premium beauty services, from luxurious body polishing to advanced treatments like microblading and IPL skin therapies, the salon ensures personalised care in a welcoming environment.

In addition to its array of services, this business is committed to ethical practices and environmental sustainability, sourcing products only from certified suppliers. This dedication to quality has earned the salon an impressive 4.6-star rating on Facebook from 306 reviews.

The business enjoys the security of a 5-year lease, providing stability and assurance for prospective owners until October 2028. With its loyal clientele base, experienced staff, favourable lease terms, and stellar reputation, this business is poised for continued success under new ownership.

At a Glance

  • Well-established salon with 35 years of trade
  • Provides a comprehensive range of beauty services
  • Impressive online reviews
  • 5 year lease
  • 3 staff employed

Eunice Tan 0435 383 398


Extended Price Information

Goodwill including Plant & Equipment $85,000
Stock at valuation (approx) $10,000
$95,000

Staff Summary

There are 3 staff employed by the business.

Lease Summary

Current Rent $5,000 per month
Lease Term 5 years
Lease Commencement 30th October 2023
Lease Expiration 29th October 2028
Outgoings Paid by tenant
Adjustments 3% annually