Euphoria Hair & Beauty Gallery – Townsville

AU$100,000
July 23, 2021

Description

Business Overview
This is a perfect opportunity for a qualified hairdresser or investor to purchase a profitable salon in a great location. Situated in the heart of Townsville City at Stanton House, 197-203 Flinders Street, Euphoria Hair & Beauty Gallery is a well known and highly regarded hair salon that has been established for 7 years.

With a modern and classy design, the newly renovated salon offers clients a welcoming and relaxed environment. The bright and vibrant fit out is brand new and includes 7 styling stations and 3 basins with electric reclining lounges.

With nothing left to spend, the buyer can capitalise on this salon’s strong foundation and make an income from day one. There is a very loyal and growing client base with an extremely high level of repeat business.

The owner is also happy to stay employed on a part time basis and manage the salon on behalf of an investment buyer.

Stanton House
Stanton House has recently undergone a multi-million dollar redevelopment and has now been fully refurbished. The building boasts new elevator access, modern open plan layouts and great natural light dedicated to each tenancy.

This unique heritage listed property is situated in the heart of the Townsville CBD on Flinders Street with beautiful views of the marina. The unique character of this landmark building has been beautifully preserved and infused with modern features. All tenancies include kitchenettes and access to disabled compliant toilets and showers.

Employees & Business Hours
The vendor works full time in the business and employs 3 full time senior stylists who have all been with the salon for many years. The current trading hours are:

  • Monday: Closed
  • Tuesday: 9am – 8pm
  • Wednesday: 9am – 5pm
  • Thursday: 9am – 8pm
  • Friday: 9am – 5pm
  • Saturday: 9am – 2pm
  • Sunday: Closed

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Profitable salon with the opportunity for further growth
  • Well known salon with a large client base already established
  • Fantastic location in the heart of Townsville City
  • Gorgeous heritage building with recent multi-million dollar refurbishment
  • Brand new immaculate fit out
  • Good profits being achieved (50% return on investment)
  • Owner is willing to be employed on a part time basis
  • Also suitable for investment buyers as the owner is willing to work part time and manage the business on their behalf
  • Loyal client base with high level of repeat business
  • Modern and welcoming salon
  • The senior stylists have been with the business for many years
  • Over 6,000 followers on Facebook, over 1,000 followers on Instagram, and a fantastic 4.7 star rating

Business Price
This hair salon is being sold for $100,000 plus stock at valuation (estimated at $25,000).

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan Butler – 0419 905 463 or susan@beyond2000.com.au