Are you a Hairdresser? $92K Profits. Vendor Finance.
Listing: #EL02511Serdar Kabul, BEng
Broker | Auckland - Ellerslie

About this Business for sale in Auckland City
Are you a Hairdresser? $92K Profits. Vendor Finance.Don't be shy to ask us the finance options. Buy Now Pay Later! Vendor finance avalible for the right candidates.
An awesome opportunity to own a highly profitable hair salon.
Are you a hairdresser? Are you sick of working for someone ? Do you want to make over $90k annually by working 20 hours a week? Do you want to take your career to the next step by owning your own hair salon located in one of the busiest suburbs in Auckland and surrounded by boutique shops and plenty of parking?
Then this is the one opportunity you don’t want to miss, something like this great won’t last!
Purchasing this hair salon would undoubtedly prove to be an excellent investment for any new owner. Currently the salon is only open for 4 Days a week, so their are plenty of opportunities for a new owner to extend the hours and reap the rewards.
The hair salon has a spotless reputation and with over 2000 clients on the data base. Its extraordinary interior design with excellent service is attractive to customers and visitors alike. The salon is equipped with ten workstations, two washbasins, a mixing room with laundry, kitchen and a separate bathroom.
This salon has one part time working owner, two part time employees and two part time rented chairs. The current owner worked 3 ½ days in 2019. However, in 2018 she only worked 3 days. Therefore, there is less owner's surplus occurred in 2018. If the owner worked full time in the business, there would have been another extra income of approximately $20,000 in 2019 and $48,000 in 2018.
That would have resulted with $112,000 SDE in 2019 and $119,000 SDE in 2018. That's exactly what would be expected from a full-time working owner.
Serdar Kabul, 021 188 6144, serdar.kabul@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#buyajob #beautysalon #hair #auckland
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.