Incredibly long standing Canberra hair studio.
1 Wattle Pl, O'Connor, ACT, 2602
Want stability, how about a business that has served Canberra for the last 47 years? Currently run under management and still turning a profit.
1 Wattle Pl, O’Connor
An owner/operator has the ability to grow the business driving it further. Lyneham Hair Fashions also has 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 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 boast 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?
What’s holding you back? Dream of a better life. Call Andrew from Summit Business Brokers today on 0418 676 400 for more information about this wonderful opportunity.