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Beauty Salon, Watergardens Shopping Centre

Beauty Salon

ActiveServicesVictoriaB2C
Asking price
$189,000
Disclosed · AUD
Revenue
$700,000+
TTM
Earnings (est.)
~$201,950
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Beauty salon in Watergardens Shopping Centre
  • Operating for more than 5 years with year-on-year profit growth
  • Set up on a turnkey model with a strong local reputation
  • Services include waxing, spray tan, piercings, eyelash extensions, facials, laser, microdermabrasion and cosmetic tattooing
  • Software system with a database of 15,000 clients and online booking
  • Team of six fully qualified beauty therapists
  • Current re-booking rate of 40% week on week
  • Located opposite two major supermarkets with high foot traffic
  • Comprehensive training program and operations manuals provided
  • Owner focuses on operations and is not a beauty therapist