Price
$245,000 + SAV
Profit *
$195,000
Sales Revenue
$676,000
Location
Melbourne Region, Melbourne
Category
Beauty/Health, Hair
Listing #
ME03323
This is a rare opportunity to acquire a well-established and profitable hair salon in southeast Melbourne.
Operating for over 11 years under experienced ownership, the business has established a strong reputation for delivering high-quality service and fostering loyal client relationships. The salon specialises in cuts, colours and hair extensions. A $400,000 renovation in 2023 modernised and expanded the 110 sqm premises, creating a high-quality, ready-to-operate salon.
The business consistently records annual takings of $676,000, with 12 years remaining on the lease. Growth opportunities include adding more stylists to meet strong demand and increasing marketing efforts to attract new clients.
*$13,000 weekly takings
*$195,000 annual profit
*$5,558 monthly rent
*12-year lease
*$400,000 renovation in 2023
*110 sqm salon
*Owner willing to stay on
Call Raquel before someone else cuts in.
Listing ID: ME03323
Broker: Raquel Calabrese
Phone: 0412 264 411
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.
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