Barber - Mens Hairdresser - Hairdresser - Barber Shop - Hairdresser - North West Sydney - Strong net profit - Opportunity - PM1071

Barber - Mens Hairdresser - Hairdresser - North West Sydney - Agent SBX Code Number: PM1071

Barber - mens hair salon - hairdresser, in one of Sydneys 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 930 am to 530 pm. Thursday 930 am to 7pm. Friday 930 am to 6 pm. Saturday 9 am to 5 pmSun 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 The owner is prepared to assist for a smooth transition and work part time if required. - All interested buyers must arrange a meeting with the vendor through their broker and must not speak to any staff - A must to inspect but please be discreet.

Figures
Weekly Sales $5391
Rent (ex GST) $1147
Wages $0
Profit $3119

Agent SBX Code Number: PM1071 - SBX Business Brokers

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