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. At $4,087 per month, this is widely regarded as one of the most competitively priced tenancies on the strip.
*Taking $192,000 per annum or $3,700 per week
*Net profit $72,000 per annum
*Rent $4,087 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
*Spare back room offering the opportunity to introduce additional services or create an entirely new revenue stream
*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… all anchored by an incredibly low rent!
Contact below today to learn more.
Business Broker: Walid Hijazi
Ref: ME03468
Mobile: [Phone Number Censored]
Email: [Email Censored]
Ref: ME03468
Timestamp: [Phone Number Censored]
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