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Canberra, Australian Capital Territory

Beauty Salon and Spa with Excellent Reputation - Canberra

Price: $38,000 plus SAV
Listing ID: 1616


This 6 treatment room Salon/Spa comes with many advantages, including a great premises in a prominent location and a reputation for delivering high-quality services. You could continue the business as-is, or integrate a complementary business, such as a Medi Spa, Wellness Centre or Clinic. Ideal for a businessperson who's wishing to invest, or a Beauty Therapist who now feels she is ready to take the next step into owning her own salon.

Business highlights:

• Established for 12 years
• Excellent central location with significant walking past trade
• Close to hotels, apartments, offices and shopping centre
• Well maintained so the new buyer can immediately continue operating the business from day one
• Offers a complete range of treatments, including Waxing, Facials, Spa Treatments, Massage, Manicures and Pedicures, Eyelash and Eyebrow Treatments, Spray Tanning and Body Treatments
• Salon uses high-quality products from Spain - exclusive to the salon
• Caters to female and male clients
• Currently open Monday to Saturday – closed Sunday (optional to open)
• Fit-out cost was approximately $220,000
• Fit-out includes Reception, Retail, Make-Up, 5 Clinical Treatment Rooms with sinks in every room, a Spa Room with Medi - Spa Tub and a Ventilated Shower (can double up as a Spray Tanning Area). Plus, Office, Kitchen and Laundry / Store Room.
• All furniture and equipment included in the sale - replacement value approx. $130,000
• Premises is approx. 172m2 in a secure location
• Lease expires 31 October 2019 with a further 3-year option
• Car park space available under separate arrangement
• Current owner will provide training to ensure a smooth transition

The salon's reputation results in clients returning for treatments. These may be return clients from out of town, long term loyalty clients and clients who believe in obtaining quality services. This provides the potential to further grow the business.

As well as the owner, the salon currently employs two staff members – a fully qualified and experienced P/T senior Beauty Therapist who has worked in the salon for many years, and a casual Level 1 Beauty Therapist who works limited hours. The senior member is very capable of running the business in the absence of the owner and has done this on many occasions. She can also provide training.

The current owner is no longer able to work in her business due to health issues and wishes to retire. The business has been priced for a great value opportunistic sale.

Price: $38,000 plus SAV


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Canberra, Australian Capital Territory