Established Hair Salon Business for Sale Waikato

Description

Business type: hair salon

Current status: established operating business

Trading history: since 2007

Current ownership: since 2015

Operating setup: turnkey

Financial information

Average annual revenue: $598,000

Average working-owner profit: $156,000

Financial averaging period: 3 years

Working-owner earnings: six figures

Customers and market

Repeat clientele: approximately 90%

Customer base: established

Customer loyalty: stated as strong

Market reputation: stated as strong

Staff and operations

Full-time stylists: 3

Stylist experience: stated as strong

Salon software: current

Operating processes: established

Premises and equipment

Styling chairs: 8

Basins: included

Salon equipment: included

Parking: available

Lease

Lease: secure

Weekly rent: stated as low

Expansion options

• Extend trading hours
• Recruit additional stylists
• Increase utilisation of existing chair capacity
• Activate the existing online store
• Develop online product sales

Potential buyers

• Stylists seeking first-time salon ownership
• Two stylists purchasing together
• Existing salon groups
• Owner-operators
• Business operators seeking an established service business