About this Business for sale in Auckland City

 

The current salon owner is planning to retire and wants to sell her 21 year old salon business in East Auckland to a new owner-operator looking to make a name in the hairdressing industry. The business is established with many repeat clients from the local area where the salon has a strong following.

The landlord is open to negotiating new lease terms which will give a new owner peace of mind knowing they can plan ahead without interruptions. The business is offering a healthy income of $70,000 consistently to the current owner who is working limited hours within the business, as she's moved her business to operate on an appointment calendar. 

  • The salon has 4 seats for hairdressing and another 2 wash basins with internal laundry and a reception desk and sofa.
  • There is ample parking available outside.
  • A new operator can look at hiring more staff and improve the cashflow considerably as there is potential to bring many new services within this salon.
  • The current salon offers cuts, dressing, styling and colour as standard services. There are also some haircare products which are sold to the clients. 

 

The owner is looking for a quick sale and preferably a cash buyer so has put her best price forward to get a genuine buyer. She plans to retire and move out of Auckland and is willing to be with the new owner for the first 2 weeks to help them transition. Also, if the new owner needs a staff to cover for her for the first 3 months, the current owner is willing to discuss that option on a 'paid contractor' basis. 

We need the following from the interested parties as part of the negotiation – a bank approved statement or an accountant or financier letter approving your capacity to purchase this business at the offer you're presenting. The premises will be available for viewing to select people as approved by the vendor and the business brokers. 

 

To find out more watch the video here: https://www.youtube.com/watch?v=z7R8M_x37sk or go to http://linkbusiness.co.nz/EL03462 and press the “Enquire Now” button to complete an online confidentiality agreement.

 

Farrukh Mirza, 022 429 7463, farrukh.mirza@linkbusiness.co.nz
 

 

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#wesellbusinesses #buyajob #services #auckland #hair

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #EL03462
Price: $45,000
Profit*: $70,000
Sales Revenue: Refer to broker
Auckland Region, Auckland City
Services
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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