Profitable Beauty And Nail Salon With Impressive Takings In Prime Location

**Price on Application**

Profitable Beauty and Nail Salon with Impressive Takings in Prime Location – Great Opportunity for Owner-Operator

This well-established and highly profitable beauty and nail business offers a fantastic opportunity for an investor or owner-operator. Located in a prime area, this business has consistently generated impressive revenue, with annual takings of $676,000.

The business operates from a spacious and well-fitted location, featuring 7 nail stations, and has been at its current Fitzroy site for 2 years, following a successful 2-year run in Brunswick. With a solid and loyal customer base, it offers a wide range of beauty and nail services, supported by a dedicated team of 1 part-time owner and 6 staff members (2 full-time and 4 part-time).

Key details include:

Annual Takings: $676,000
Rent: $6,841 per calendar month (including GST)
Lease: 5x5x5, commenced 1/04/2022
Outgoings: $7,000 per annum
Trading Hours: Tuesday (12pm - 7:30pm), Wednesday to Friday (12pm - 8pm), Saturday (9am - 5pm)
Staffing: 1 Owner (Part-Time), 2 Full-Time Staff, 4 Part-Time Staff
The lease is secure with 5-year options and the business operates with a proven under-management model, making it ideal for someone looking for an established operation with room for further growth.

This is an excellent opportunity for anyone seeking to enter the booming beauty industry with a business that is well-established and offers impressive profitability. The current owner is willing to provide a thorough handover to ensure a smooth transition.

For further information or to arrange an inspection, contact Chris Panagiotidis & Elle Likopoulos at Absolute Business Brokers on 0433 582 533 or via email at elle@absolutebb.com.au.

Ref No: B14830