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Managed Hair Salon, West Adelaide

Hair Salon

ActiveServicesSouth AustraliaB2C
Asking price
~$206,000
est. from headline + $6,000 stock · AUD
Revenue
$408,200
TTM
Profit
$176,000
Implied multiple (assumed)
~1.2×
Assumed · headline + $6,000 stock
Brief
  • Established hair salon 10km west of Adelaide CBD with seven styling stations and two basins
  • Team of two full-time senior stylists, two apprentices, and one salon assistant
  • Lease with six years remaining (1+3+3 year structure) at a low weekly rent
  • One current owner willing to remain on as manager through the transition
  • Sale due to owner retirement