Boutique Beauty Salon
This business was established 4 years ago from scratch after being invited by one of Adelaide’s premier award winning Hairdresser’s to come on board in opening its second salon. From a fledging business it has had continuous growth in both clientele and profit, increasing year to year. The business has a very loyal and regular client base that has continued visiting the business since opening. Customers have rapidly grown from day one to the point that extra staff was required.
The business is located in one of Adelaide’s number one shopping precincts, only 5 minutes from the CBD. The salon has a modern trendy shop front completely rebuilt 4 years ago. The business has a private car park with both trams and bus stops within walking distance. The salons location attracts local traffic as well as visiting tourists wishing to visit its boutique retail outlets.
They advertise in the Messenger newspaper twice a year and use frequent brochures and letter box drops in the local area. The salon is advertised in the Yellow Pages in print and online as well as having a link to a prominent beauty website and initiatives such as Body and Soul. The salon also cross promotes with the hairdressers who frequently participate in corporate functions and events year round
This business would suit an owner operator who is looking for a busy small business making a good profit and providing a regular income. There is an opportunity for to grow the existing business by expanding to a larger premise or negotiate opening a second venue at the Hairdresser’s sister salon at Glenelg. There is some competition in the street, but the salon uses specialized products which sets itself apart from all the other competitors in the area. There is enough work to employ an extra staff member and increase turnover.
Price
This business is offered for sale at $87,500 plus stock at
valuation of approximately $2,000
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