Do nothing and make $100k profit under management or work in the business and make $166k profits

Under Management Franchise Hair Industry Of $100k Profits,Canberra ACT 2601

$245,000

BusinessSize: n/a

General Description
This franchise business in the female hair industry ticks all the right boxes and is still growing strong with sales increasing each year:

Run under management
Profitable - under management profits $100,000
Been making these types of profits for 2016, 2017 and 2018
Work yourself and make $166,000
Owners role is mainly bookkeeping
Easy franchise to run with plenty of upside
Strong sales each year

This is your opportunity to walk into a strong business and continue to push the growth of the business as it has great staff and systems in place.

Potential
Whilst the business runs very successfully under management, a full-time owner could continue to improve the business further and also save on wages and operating costs.

This business has continued to grow despite all the capital works taking place around it. With Gungahlin's population continuing to increase, this business will continue to attract more customers.

Features
Well known and strong franchise
Run under management
Easy format store to run under management or by yourself
In growth industry for the foreseeable future

Premises
Fit out in great condition
Located near supermarket so plenty of foot traffic

Location
Gungahlin

Trading Hours
Monday to Sunday
Shopping centre hours

Lease
Rent per week is $1,730 + GST

Financials
Sales per week $17,000
Gross Profits averaging 74%
Profit under management in 2018 - $100,000
Work the business yourself in 2018 and make $166,000

Price
$245,000 + SAV
Stock at value approx $80,000

Like More Information - Confidentiality Agreement
To release further details about this business a confidentiality agreement must be completed - takes about 1 minute. This can be done by following the instructions below:

1) Go to http://www.bbbrokers.com.au/franchise-female-hair-industry-profitable.html
2) Click on the "Enquiry" button at the bottom of the screen
3) Enter your details, including something in the comment area and click "Submit"

Inspections

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

Key Details

Property Type:Business
Stamp Duty:$0

What's Nearby

Ainslie Primary School, AinsliePrimary School
1.3km
Campbell High School, CampbellHigh School
1.7km
Calvary Private HospitalHospital
5km
Canberra CentreMajor Shopping Centre
0.4km
Australian National UniversityUniversity
1.1km
Merici CollegeCollege
1.8km
City Post OfficePost Office
0.4km
Brindabella Business Brokers

Canberra Suburb Information

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

Contact agents

Brindabella Business Brokers

Brindabella Business Brokers

View agency details
Jason KloseBrindabella Business Brokers
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This listing has been viewed 249 times. It was first displayed on 06/09/18 and last updated on 20/05/19.