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Eastern Suburbs Barber Shop

Barber

ActiveServicesB2C
Asking price
$269,000
Disclosed · AUD
Revenue
$322,000
TTM
Profit
$200,000
Implied multiple
1.3×
asking / earnings
Brief
  • Well established barber shop with immaculate fit out
  • Prime Eastern Suburbs location among high end retailers, cafes and offices
  • Owner currently working part time; can be run as is, full time or under management
  • Regular affluent clientele with 90% retention rate
  • Google reviews rating of 4.9/5.0
  • Low rent considering the prime location
  • Owner prepared to stay on to ensure a smooth transition