This very successful and profitable hair salon is being offered to the market for the first time. With a 130% return on investment, the salon is an attractive investment for both owner-operators and savvy investors.
Underwraps Hair Studio is a very well-established, highly profitable hair salon situated in a sought-after location at the Townsville James Cook University.
This successful salon was established by the owner 27 years ago and has a strong commitment to and reputation for delivering exceptional service to its solid base of regular clients. The owner is wanting to semi-retire and is willing to remain in the business for a smooth handover.
Specialising in the latest hairdressing trends and seasonal collections and directions, the team delivers the full spectrum of hairdressing services from haircuts, blow waves, colors, balayage, and perms, to hair styling for weddings and formal occasions.
Underwraps Hair Studio is ideally suited for a senior hairdresser looking to take the next step of owning and operating their own business. Alternatively, the salon presents an opportunity for a savvy investor looking to grow the business and operate it under management.
The salon provides a warm, friendly, inviting atmosphere for clients, and the close team takes pride in excelling at what they do. The premises are exquisite, with modern and tasteful decor. The facilities include 4 basins and 9 styling stations, and there is also the option to further extend the salon to the premises next door and introduce beauty services.
Situated adjacent to Townsville James Cook University and Townsville Hospital, Underwraps Hair Studio benefits from a significant amount of foot traffic within the Clinical Practices Building. This results in frequent walk-ins and enquiries, in addition to its substantial base of regular clients. The salon is surrounded by other quality businesses including coffee shops (Otto's, Spirited Goat), Australia Post, Envisage Pharmacy, Queensland X-Ray, JCU Health Medical Center and various office spaces.
The business trades 5 days a week and engages the following stylists:
* Senior Stylist (Owner) - 38 hours per week
* Casual Senior Stylist - 38 hours per week
* Casual Senior Stylist - 24 hours per week
* Apprentice 4th Level - Full time
* Apprentice 1st Level - Full time
* Causal Tea/Tidy - 10 hours per week
Why You Should Buy Underwraps Hair Studio:
* Highly profitable with a 130% return on investment for an owner-operator
* Salon would suits a hands-on owner-operator or an investor
* Operates 5 days a week with room to extend trading hours
* Experienced, committed staff and well-established procedures in place
* Minimal competitors in close proximity to the business
* Attractive salon with modern, tasteful decor
* Secure a 5 year lease
* Contemporary website and social media presence with over 3,000 followers
* Excellent location in a busy centre surrounded by other good businesses
* New intake of university students every year - yearly marketing opportunities to a captive audience
* Room for further expansion
Underwraps Hair Studio is being sold for $150,000 wiwo.
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.
Business Broker:
Susan Butler 0419 905 463
www.beyond2000.com.au
