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#Business ID: 21722

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Incredibly long standing Canberra hair studio.

Business Location: 1 Wattle Pl, O'Connor, Canberra, ACT, Australia

Asking Price: AU$ 85,000 Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures included]

Business Summary

Want stability, how about a business that has served Canberra for the last 47 years? Currently, run under management and still turning a profit.

Location Details
1 Wattle Pl, O'Connor

An owner/operator has the ability to grow the business driving it further. Lyneham Hair Fashions also has the capacity for more staff.

Reason for Sale
The owner is no longer actively working in the business and has decided the best option is to allow someone else to take over the business.

About the Business
47 years in business says it all. Resilience on a grand scale. There are not many other businesses in the whole of Canberra that can boast surviving everything the Australian economy has to throw at it over almost 5 decades. From recessions to GFC, you name it, Lyneham Hair Fashions has beaten it.

How about a lifestyle business? Lyneham Hair Fashions is only open 4.5 days per week, shuts down for a week over Easter and 3 weeks over Christmas. As if that wasn’t enough, the business is currently run under management and still turning a profit. What can an owner/operator make out of this business? You tell me!

This is a wonderful opportunity to pick up a fantastic Canberra icon that has proof of success in its longevity. On top of that, the business is a fantastic lifestyle business where home life is more important than work life. This great little business ticks the most important boxes and on top of that boasts an incredibly central location for anyone on the north side.

Only $85,000 will secure this fantastic little business. If left under management, that’s only 3.5 years for it to pay for itself. What could an owner/operator do?

If Lyneham Hair Fashions is the business you’ve been waiting for, contact Andrew from Summit Business Brokers today on 0418 676 400 for more information.

Chase your dreams, take control and live the life you want to live.

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