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Beauty & Day Spa Edwardes
  • POA
  • Edwardes Street, Reservoir, City of Darebin, Victoria, 3073, Australia
    Sold
    Beauty & Day Spa Edwardes
  • POA
  • Edwardes Street, Reservoir, City of Darebin, Victoria, 3073, Australia
    • POA

    Overview

    • Beauty/Health/Fitness
    • Property Type

    Description

    Beauty & Day Spa Edwardes Business for Sale.

    Business Highlights:

    Business History:

    o A long history as a beauty salon since 2003. Major upgrades carried out from 2012 since a change in management.

    Beauty & Spa Services:
    o Home to all beauty treatments plus other spa and wellness treatments completely unique to the area.
    o Quality, top end skincare.

    Marketing:
    o Online booking and Online Voucher Store are very popular.
    o Mobile phone app.
    o Boasts an extremely well-presented website.

    Rent and Lease:
    o Extremely cheap rent of approx. $650 a month, well below the area average.
    o Total 3 years and four months (Three years started in Nov 2013 plus further terms of 3 years).
    o Very low overheads as there are no need to renovate or change anything.
    o NO GAS BILLS TO PAY as all heating, cooling and hot water runs on electric. The Gas Meter is there only for the pizza shop next door.

    Income / Revenue:
    o It made over $55,000 per year as a sole operator; the potential is there to make much more with more staff on board.
    o Strong retail culture.
    o Computer Shortcuts booking system with at least 1000 customers in the database. You can keep this software or discontinue the hire.
    o Opportunity to continue with Internet TV.

    Ideal for:
    o Will suit beauty therapists, nail technicians, massage specialists and other health professionals and hairdressing professionals wanting to keep the beauty salon aspect. Very suited also to laser technicians.
    o Suitable for both first time business owners and established alike.

    Potentials and location:
    o Potential to expand or make other changes, such as adding more pedicure chairs.
    o Prime location, only a few metres away from Number 11 tram terminus, making it very accessible to city commuters. This is a gateway location to the city.
    o Centrally located on the fringe of West Preston, Reservoir and Coburg.
    o Close to trendy cafes, restaurants and other specialty retail growing in this happening area.
    o Lots of new residential development going on nearby, bringing many new families and other people from other suburbs, regional, interstate and overseas locations. Close to schools and other shops.
    o Ability to work flexible hours and to offer more to after hour’s customers.
    o Fantastic opportunity in an ever-changing area which is becoming quite trendy.
    o Growing demand for both budget and high end beauty and wellness services.
    o Surrounded by a varying demographic – families, singles, students, pensioners…
    o Located on a busy main road, but still secluded enough for customers to relax and unwind.

    Shop Features and Equipment’s:
     Two very generous treatment rooms with electric lift Athlegen beds. All rooms have generous basins, benchtops and storage.
     Shower for spray tanning and for customers to shower from wrap and scrub treatments.
     Luxurious spa pedicure chair of only 4 years old.
     Manicure table with electric file/drill.
     Back room with meals area, storage and toilet with brand new pump.
     Spacious and well-presented reception and retail area with TV.
     Stock and retail stock.
     Two LED nail lamps
     One UV nail lamp.
     Brand new spray tan machine
     Completely redecorated when new management took over in 2012.
     4 wax pots
     Equipment for Shirodhara Ayurvedic treatments
     Equipment for Hot Stone massage
     Cool mist humidifiers for air and any eyelash treatments
     Facial machine for needling and polyabrasion currently on hire until October but lease can be renewed or machine purchased.
     Internet, telephone (Wi-fi)
     Heating and Air conditioning

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