Price Attack Canberra - 4 Profitable and established stores

Business Details

Offering a portfolio of four profitable and established stores that include:
Belconnen
Civic
Woden
Tuggeranong

Price Attack is one of Australia’s largest and most successful franchise retailers of professional hair care.  

The business model offers a full-service salon, qualified hairdressers and a team of hair experts - giving it unrivalled credentials when it comes to professional hair care.

With a motivated owner who currently works 15-20 hours a week, the group business has store managers in place.

We have prepared a detailed business information package for credentialed buyers that explains the investment opportunity.

The snapshot of the business:
2017 Sales: $3,471,937.26
2018 Sales:$3,574,601.74
2018 PEBITDA (Owners Profits working a 20-hour week): $372,021

If you have an interest in finding out more, please email sales@capitalcommercial.com.au with your full name, contact number stating the fact that you are interested in the Price Attack Group.

Financial Snapshot

Reporting Period 2018 Weekly Average 2017 Weekly Average 2016 Weekly Average
Sales $3,276,718.26 $63,013.81 $3,471,937.26$66,768.02 $884,178.56 $17,003.43
Gross Profit $2,090,766.67 $40,207.05 $1,907,182.10$36,676.58 $533,169.61 $10,253.26
PEBITDA $341,019.00 $6,558.06 $96,815.00$1,861.83 $106,985.00 $2,057.40
Rent $712,210.97 $13,696.36 $740,809.88$14,246.34 $129,064.99 $2,482.02
Wages and salary $616,996.63 $11,865.32 $634,139.89$12,195.00 $152,441.26 $2,931.56

Business Summary

Canberra, Australian Capital Territory
Retail - Discount & Variety Stores.

There are 4 premises that are leased.


Premises: All the shops are in a leading shopping centres in Canberra
Term of the lease: Varies but normally 5 years
Option: No stores have options but are almost always renewed
Monthly rent (Inc. outgoings): Each is roughly $20,000.00
Bond: 1 month for Westfield and Canberra Centre, 3 months for Southpoint
Annual increases: CPI
Public Liability insurance: $20 million
SQM: Varies from 100 SQM to 150 SQM

 

Between all 4 stores, the staff are: - 1 Owner - 1 Book Keeper - 8 Hairdressers - 8 Retail Assistant - 3 Store Managers
Monday to Thursday: 9am 5:30pm Friday: 9am 9:00pm Saturday: 9am 5pm Sunday: 10am - 4pm
Franchise/Partly under Management

Enquire Now

Sales Summary

Sale Status : New Listing

Sale Method : Expression of Interest

Investment Amount : EOI - 30/10/2018

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au