Price
$45,000
Profit *
Refer to Broker
Sales Revenue
$175,000
Location
Melbourne Region, Melbourne
Category
Beauty/Health, Hair
Listing #
ME03053
Currently on offer is a popular barbershop and beauty salon known for its ability to provide barber and hairdresser services for men and women. It utilises more than 28 years of experience in the industry to satisfy its clients, resulting in repeat visits and word-of-mouth referrals.
*$175,000 revenue per annum
*$121,241 net profit per annum
*3+3+3-year lease
*$1,956 rent
Ken Bouchebli and the team at LINK Melbourne are thrilled to bring to the market this thriving barbershop and beauty salon. It has cultivated a stellar reputation for its quality cuts and styling services for both men and women. Currently, the business operates 95% as a barbershop with most clients being men.
Many highly satisfied clients have provided tremendous reviews, enabling the business to generate leads both on Google and Facebook. Some clients have been loyal for years, contributing consistent revenue for the business.
The business is strategically positioned on a main street shopping strip with plenty of retail shops within the immediate vicinity. As such, it benefits from great visibility and high rates of traffic daily. There is potential to open 6 or 7 days per week to increase revenue. Currently, the business only operates 5 days per week.
The premises of the business feature four hair stations. Additionally, it has three fully equipped rooms equipped for massages and may be utilised for skin and laser treatments. The three treatment rooms are not being utilised by the current owner and present a tremendous opportunity for purchasers to expand the business’s services and clientele.
To learn more about this exciting opportunity, contact Ken today! I would be glad to guide you through the sale process.
Listing ID: ME03053
Broker: Ken Bouchebli
Phone: 0406 966 455
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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