Incredibly long standing Canberra hair studio.

1 Wattle Place,Canberra ACT 2601

$85,000

BusinessSize: n/a

Summary
Want stability, how about a business that has served Canberra for the last 47 years? Currently run under management and still turning a profit.

Location Details
1 Wattle Pl, O'Connor

Potential
An owner/operator has the ability to grow the business driving it further. Lyneham Hair Fashions also has capacity for more staff.

Reason for Sale
The owner is no longer actively working in the business and has decided the best option is to allow someone else take over the business.

About the Business
47 years in business says it all. Resilience on a grand scale. There are not many other businesses in the whole of Canberra that can boast surviving everything the Australian economy has to throw at it over almost 5 decades. From recessions to GFC, you name it, Lyneham Hair Fashions has beaten it.
How about a lifestyle business? Lyneham Hair Fashions is only open 4.5 days per week, shuts down for a week over Easter and 3 weeks over Christmas. As if that wasn't enough, the business is currently run under management and still turning a profit. What can an owner/operator make out of this business? You tell me!

This is a wonderful opportunity to pick up a fantastic Canberra icon that has proof of success in its longevity. On top of that, the business is a fantastic lifestyle business where home life is more important than work life. This great little business ticks the most important boxes and on top of that boast an incredibly central location for anyone on the north side.

Only $85,000 will secure this fantastic little business. If left under management, that's only 3.5 years for it to pay for itself. What could an owner/operator do?

If Lyneham Hair Fashions is the business you've been waiting for, contact Andrew from Summit Business Brokers today on 0418 676 400 for more information.

Chase your dreams, take control and live the life you want to live.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$0

Maps and area information

Land Details
There's a lot more to see
Using overlays will allow you to see details such as school catchments, zoning and easements.
Error loading maps. Please try again later.
Block information
Block Map
No block information available
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's Nearby

Lyneham PrimaryPrimary School
0.1km
Lyneham High, LynehamHigh School
0.5km
Calvary Private HospitalHospital
3.3km
Canberra CentreMajor Shopping Centre
3.2km
Australian National UniversityUniversity
3.2km
Daramalan CollegeCollege
1.3km
Dickson Post OfficePost Office
1.3km

Canberra Suburb Information

 
 
Average Age
24 years
Population
2,824
Canberra Profile
Canberra Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on 1 Wattle Place, Canberra ACT 2601
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
This listing has been viewed 103 times. It was first displayed on 15/10/19 and last updated on 15/10/19.