Posh Hair Salon at the Heart of Cosmopolitan MakatiListing: #OR00422
About this Business for sale in MakatiPosh Hair Salon at the Heart of Cosmopolitan Makati
Own this high-end salon in a PRIME LOCATION at an UNBELIEVABLE PRICE!
This salon caters to A and B market providing the best hair services using only the best products. To top it all, they also provide one of the best customer services through their highly skilled stylists. Celebrities and influencers keep coming back. The ambiance gives off that of elegance and modern theme. The salon is spaciously designed to have that luxurious feel. Every detail is well thought of, from genuine marble floors to lavish chairs that would make you want to sit there forever! It comes with 10 styling chairs (can be upgraded to 13), the first in the country to have fully automated styling chairs.
A place that’s hard to miss. It is situated on the ground floor along one of the most sought-after locations in Makati BUT with a monthly rent of below ₱90k for a floor area of 88sqm. Lease still has four more years to go with an incredibly low monthly. A fantastic deal!
2019 gross sales was at ₱16,484,689 and with a profit margin of more than 60%. With the current pandemic, business performed really well and ended their 2020 with gross sales of ₱7,311,112. This only goes that the business has been tried, tested, succeeded and is still victoriously gaining traction despite the current circumstances. Whoever buys this business and successfully manages the operation can be very happy with turnouts.
Owner is willing to assist during the transition period. Its success over the past few years shows that this business is here to stay.
+63 2 7900 8000
+63 917 514 4535
*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.