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Hair & Beauty Salon, Southeast Melbourne

Beauty Salon

ActiveServicesVictoriaB2C
Asking price
$595,000
Disclosed · AUD
Revenue
$1,300,000
TTM
Net Profit
$290,000
Implied multiple
2.1×
asking / earnings
Brief
  • Fully managed hair and beauty salon in Melbourne's southeast
  • Established 15+ years with a 212 sqm modern fit-out
  • 15 styling stations, multiple barbers, 3-4 beauty rooms and a nail area
  • Fully computerised; full team in place with owner not working in the business
  • Long lease (5x5x5) with rent at $1,627 per week plus GST