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Barber Shop, Melbourne Northwest

Barber

ActiveServicesVictoriaB2C
Asking price
$99,000
Disclosed · AUD
Revenue
$192,000
TTM
Net Profit
$72,000
Implied multiple
1.4×
asking / earnings
Brief
  • Immaculately presented barber shop on a busy main-road strip in Melbourne's northwest
  • Trades six days per week; current owner involved only one day per week
  • Premium fit-out with four barber stations, two wash basins and a spare back room
  • Strong passing traffic from a mixed residential and commercial catchment
  • 10 years remaining on the lease at a competitively priced tenancy