Managed Hair Salon, West of Adelaide CBD

Managed Hair Salon, West of Adelaide CBD — Services · Adelaide · Asking $200,000 + Stock · Revenue $454,441 · Net Profit $176,000

Managed hair salon located 10km west of Adelaide's CBD Fit-out with 7 styling stations, 2 basins, colour bar, coffee area and private office Experienced team of 2 full-time senior stylists, 2 apprentices and 1 salon assistant willing to stay Loyal clientele Secure long lease with 6 years remaining (1+3+3) One current owner willing to stay on as manager to support the transition

DealProspect/Listings/Services

Managed Hair Salon, West of Adelaide CBD

Hair Salon

ActiveServicesSouth AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$454,441

TTM

Net Profit

$176,000

Implied multiple (assumed)

Brief

Managed hair salon located 10km west of Adelaide's CBD
Fit-out with 7 styling stations, 2 basins, colour bar, coffee area and private office
Experienced team of 2 full-time senior stylists, 2 apprentices and 1 salon assistant willing to stay
Loyal clientele
Secure long lease with 6 years remaining (1+3+3)
One current owner willing to stay on as manager to support the transition

How it compares

Hair salons in South Australia · asking prices

In line with past hair salons like it

Past hair salons like it ask a median 1.2× earnings. On its $176,000 earnings, that points to about $211,000; reads like this are typically within 25%, so $158,000 to $264,000. It asks $200,000, inside that range.

Asking price: $200,0004.1 times the median of $49,250
Revenue: $454,441biggest of 7
Time listed: 130 daysno price change

Hair salons in South Australia

Hair salons for sale in South Australia (11) →

Listed

active

Median asking

$49K

10 priced

Median revenue

$239K

7 disclose

Earnings multiple

2×

101 listings

Asking price spread10 of 11 state a price

This listing · $200K

70%

30%

Under $100K$100K–$250K

Australia 166 · Queensland 54 · Victoria 49 · New South Wales 30 · Western Australia 15

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