RARE OPPORTUNITY
For Sale: Successful Salon in Prime Central Dublin Location
Annual Turnover: €134,000
Gross Income: €29,440 (+ €28,000 if you work as a hairstylist)
Asking Price: €42,000 (due to expatriation)
Summary
- Prime location in Merrion Row, central Dublin
- Turnover: €134,000 for the year 2023
- Expenses: €104,560 including rent, staff, products, utilities, rates, IT, insurance, accountant, and various costs
- Gross Income: €29,440
- Additional income of €28,000 if you work as a hairstylist
- Low rent of €1,000 per month
- Well-established salon with all figures verifiable through centralized software (Fresha system)
- Immediate sale due to owner's expatriation
- Secure lease and profitable operation
Reason for sale:
I own several hair salons in Dublin and gyms in Ireland but have now expatriated to focus on a large overseas investment.
F.A.Q.
1. Why this very attractive price?
- I don't have the time to manage this small business anymore, making it complicated without local presence. Hence, I am offering it at a very attractive price for a quick sale.
2. Is there a catch?
- No, everything will be verified by your lawyer. All figures, centralized software systems, invoices, and contracts are ready. The sale process is safe and transparent.
3. What am I buying?
- You are buying the lease, furniture, and business operations. This approach ensures you are not inheriting any debt since you are not buying an established company.
4. How do we proceed?
- Detailed information, except the salon's name, is provided. The name and visit will be disclosed at the appropriate time to protect staff and customers. Contracts and lawyers are ready. Serious buyers can proceed quickly with a €5,000 deposit to the lawyer. The sale can be completed in 2-3 weeks.
5. What about the staff?
- One full-time hairstylist is leaving for family reasons. The other is willing to stay. This is a great opportunity if you are also a hairstylist, allowing you to earn both a wage (€28,000) and the gross income (€30,000).
6. Will the lease continue with the current rent?
- Yes, the lease continues at the current rent, which is a significant advantage for profitability.
7. Are there any negative points?
- The only downside is the toilets, which are accessed via a staircase.
8. Can I negotiate a lower price?
- The asking price is firm. Only slight final decreases may be considered based on market response. If no interest arises, I will explore other solutions.
To summarize, I am changing my life, prompting this profitable opportunity to come to market. It is a clear, profitable, and fast process, ideal for a hairstylist.
Merrion Row Unit Financials
- Turnover (2023): €134,000
- Expenses:
- Rent: €12,000
- Staff: €74,060 (2 full-time hairstylists + 1 at 30%)
- Products: €9,000
- Utilities: €3,000
- Rates: €1,500
- IT: €1,000
- Insurance: €1,500
- Accountant: €1,500
- Various: €1,000
- Total Expenses: €104,560
- Gross Income: €29,440
All figures are accurate and derived from the central software system (Fresha).
The low rent is a significant factor in profitability.
