Niddrie Barber Shop – Cheapest Rent on Strip
Barber
ActiveServicesVictoriaB2C
Asking price
$69,000
Disclosed · AUD
Revenue
$192,000
TTM
Net Profit
$72,000
Implied multiple
1.0×
asking / earnings
Brief
- Immaculately presented barber shop on a busy Melbourne north-west main road
- Purpose-built five-star fit-out with four barber stations and two wash basins
- Trades 6 days a week with lean staffing; current owner involved only one day a week
- Among the most competitively priced tenancies on the strip
- All plant and equipment fully owned and included in the sale
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Where this asking price sits against similar businesses for sale.
Barber shops in Victoria
Barber shops for sale in Victoria (15) →Listed
15
+1 in 30 days
Median asking
$139K
13 priced
Median revenue
$377K
10 disclose
Earnings multiple
1.9×
100 listings
Asking price spread13 of 15 state a price
This listing · $69K
15%
Under $100K$250K–$500K
Australia 30 · Queensland 9
Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67
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