Price
$130,000
Profit *
Refer to Broker
Sales Revenue
$192,000
Location
Monash City, Niddrie
Category
Beauty/Health, Hair
Listing #
ME03468
This is an exciting opportunity to acquire a highly profitable, immaculately presented barber shop in one of Melbourne's northwest's most active main road locations.
The business was purpose-built at $130,000 and features a premium five-star fit-out across a spacious shop footprint. It currently operates six days per week with a lean and manageable staffing structure, with the current owner involved only one day per week.
This business benefits from strong passing traffic drawn from a mixed residential and commercial catchment, and sits on a prominent main road strip, ensuring consistent walk-in trade and excellent visibility.
*Taking $192,000 per annum or $3,700 per week
*Net profit $72,000 per annum
*Rent $4,086 per month; annual outgoings $8,800
*3+5+5 years lease; 10 years remaining
*Premium fit-out including four barber stations, two hair wash basins, a laundry room, an office, two toilets, and a kitchen
*All P&E is fully owned and included in the sale.
With an opportunity to open on Sundays, the upside for the right buyer is immediate and tangible!
Contact Ken today to learn more.
Business Broker: Ken Bouchebli
Ref: ME03468
Mobile: +61 406 966 455
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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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