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Richmond Barber Shop - Inner East Melbourne

Barber

ActiveServicesVictoriaB2C
Asking price
$195,000
Disclosed · AUD
Revenue
$468,000
TTM
Net Profit
$166,000
Implied multiple
1.2×
asking / earnings
Brief
  • Barber shop in Richmond, inner-east Melbourne, established for over 9 years.
  • 5 barber stations across roughly 68 sqm, fully computerised with policies and procedures in place.
  • Database of over 4,500 clients; team of 3 full-time and 1 part-time barbers plus a rent-a-chair arrangement.
  • Owner currently works one day a week.