Foundation Beauty Therapy

Business Details

After 12 years of financial success, the owner of this reputable Beauty Day Spa Business is ready to hand over the reins to a new and enthusiastic beauty expert. Because of a change of owner circumstances, the seller needs to make a quick sale and is ready to meet the market on price, and is offering the business for $80,000 + stock.

Foundation Beauty has provided a one-stop shop for beauty, relaxation and well-being for women across North Canberra. The seller has built, renovated and accumulated all the assets, facilities and customers you could possibly need to run a successful beauty business.

On offer is a massive 100 SQM freshly completed fit-out with massive opportunity:

  •  Six treatment rooms, a loft and a reception area.
  •  $60,489 assets in total. All the piping, plumbing, electrics, sinks, cabinetry, furniture, linen, artificial lighting, natural lighting (sky lights) and equipment are in place.
  •  $175,000 turnover, $44,123 in Net profit in FY 2016.
  •  No equipment encumbered or leased equipment.
  •  Very cheap rent at $2,181.64 including GST per month.
  •  Close proximity to the Lyneham shops, generating a large number of walk-in clients.

The current owner has worked hard to make the business one of Canberra’s premium beauty salons.

Why Spend $50,000, $75,000 or $100,000 on a fit-out and opening a new store when you can have this one for little cash down?

Including the stunning fit-out and equipment, there is an impressive list of extra’s being transferred with the sale of the business. These bonus assets include a large customer database, a fully functioning website, supply agreements, booking systems and all the stock necessary to run this business.

The money you save on the cost of opening a new store could be invested in marketing, promotions and growing the business. After all, the vendor only spent $700 on advertising in FY 2016!

If you have been thinking about and planning on getting your very own beauty business, now is the time to act.

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.

Thank you on behalf of the team at Capital Commercial Business Sales.

 

Financial Snapshot

Reporting Period 2016 Weekly Average 2015 Weekly Average 2014 Weekly Average
Wages and salary $60,361.00 $1,160.79 $82,133.00$1,579.48 $79,914.00 $1,536.81
PEBITDA $46,353.00 $891.40 $44,353.00$852.94 $66,995.00 $1,288.37
Gross Profit $152,822.00 $2,938.88 $176,211.00$3,388.67 $201,193.00 $3,869.10
Sales $175,020.00 $3,365.77 $198,164.00$3,810.85 $225,117.00 $4,329.17
Rent $23,800.00 $457.69 $23,800.00$457.69 $23,265.00 $447.40

Business Summary

Canberra, Australian Capital Territory
Hair dressing, beauty salons & day spas.
  • Property description: The premises is located at 1/68-72 Wattle St, Lyneham ACT 2602. It features a ground floor area with a reception, manicure station and two sinks, and two fully furnished, private facial/body treatment rooms at the rear with a washer/dryer for laundry duties. The first floor is set as a loft, and includes 3 fully furnished and equipped treatment rooms. Altogether, there are 5 treatment rooms and an additional treatment area in the reception.
  • Commencement: TBC
  • Term: TBC
  • Option: TBC
  • Bond: Three months’ rent plus GST
  • Yearly Base rent: $26,179.68 including GST
  • Current Monthly Rent: $2,181.64 including GST
  • Public liability insurance: $10 million
  • SQM: 100 SQM
  • Permitted use: Personal Services
  • Annual Increases: TBC
The business is owned and managed by Claire MacPhail. The owner works 40 hours per week and does not draw a wage from the business.
Mon 9 am 6 pm, Tues 7 am 4 pm, Wed 9 am 6 pm, Thursday 9 am 7 pm, Friday 7 am 4 pm, Sat 8:30
Owner operated

Enquire Now

Sales Summary

Sale Status : New Listing

Sale Method : Private Treaty with sav

Investment Amount : $80,000 + SAV

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au