The business is situated in a bustling shopping centre, has enjoyed a successful seven-year run. It stands out with no direct competitors in the vicinity and is well-regarded for its exceptional service. The current owner does not actively participate in the daily operations, which are efficiently handled by a team of seasoned and professional employees.
Covering about 70 square meters, the store has a relatively easy maintenance and smooth operations. The business benefits from the owner's extensive experience in managing multiple branches, which has established a strong brand reputation. This robust brand recognition means that no substantial effort is needed for additional external marketing. Consequently, the new owner can devote their full attention to in-store management, ensuring continued success and growth.
Opening hours
7 days/week
Monday Wednesday & Friday: 9 am - 5:30 pm
Thursday: 10 am - 7 pm
Saturday: 9 am - 5 pm
Sunday: 10 am - 5pm
Key points:
Size of premises: 71 sqm
Lease: Current to 14 September 2024
Annual rent payment: $110,000 p/a with outgoings and GST (New lease will increase to $130,000 p/a). Annual increase at CPI +2.5%
Staffing: 2 part-time receptionists, 2 traditional Chinese medicine doctors: 1 full-time and 1 part-time, 1 subcontractor beautician and 1 shareholder works 2-3 days per week
Total sales for the financial year of 2023: $474,000 after GST
Adjusted net profit before income tax for the financial year 2023: $73,000
Asking price: $250,000 + SAV ($35,000 estimate)
For further information about this business, please complete the Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on www.forceonerealty.com: or
Please call Sunny on 0433 690 326(The image used is for display purposes only and does not reflect the business advertised for sale.)
