The BUZ Barbershop location location location

Preview Listing

Location Details :

Country

Australia

State

Queensland

City

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Industry :
Professional - Property/Real Estate ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

The Phone Code for this property is: 18508. Please quote this number when phoning or texting.

offer over $49,900

Summary
Barbershop Name: THE BUZ
Great Name, Great Location.
Having built a good reputation for 9 years, this barbershop is a small and easy-to-run shop, so this is a great opportunity for barbers looking for their own business. Now that everything is set up, you can start right away.

Revenue
$180,000 pa

Rent
$53,130 pa
Currently 30% rental reduction from Covid-relief
$3,099.28 per month

Employees
Currently 1 owner, 1 casual staff

Location Details
Centrally located in Surfers Paradise (QLD 4217), a popular destination for vacationers and locals alike. The shop building is right next to the Hilton Hotel and Tram Station (Cavil Ave).
Surrounded by bustling multicultural restaurants.
Good barber shop size (about 28 sqm)

Potential
as international borders open, this popular getaway will only get busier.
Pre-Pandemic Turn-over: $ 240,000 - 280,000
Post- Pandemic Turn-over: $ 150,000 - 180,000

Hours
Flexible at operator’s discretion

Lease
Until Middle of 2024 with an option for a further 5 years available.

Reason for Sale
Other business

About the Business
Unique the Buz customised Logo
Shop settings are Crafty & work-efficiency way. Wireless tools and chargers, Cameras and LED lights
Two(2) barber chairs (up to 4 stations can be expanded)
Hot towel cabinet x2
TV SCREENS (32”) x5
A shampoo basin + hot boiler
Washing machine + heat pump dryer (electricity efficient)
Sounds system with 4 speakers
CCTV (watch from your smart phone)
New Air-conditioner (Panasonic)
Client feedback using i-pad
Filtered drinking water Cooler, bar fridge
Client waiting chairs

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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