Prahran Hair Salon Under Management

Prahran Hair Salon Under Management — Services · Prahran, Melbourne · Asking Contact Broker · Revenue $676,000

Architecturally designed 306 sqm salon on High Street, Prahran 14 cutting stations and 8 wash basins across open-plan styling and colour areas Fully under management following a recent operational restructure Long lease in place (6 x 5-year terms from March 2023) Established client base with scope to grow through additional stylists, chair rental, education and training

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Prahran Hair Salon Under Management

Hair Salon

ActiveServicesVictoriaB2C

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Asking price

~$217,740

est. from comparable listings of this type and size · typically within ±30% · AUD

Revenue

$676,000

TTM

Earnings (est.)

~$188,715

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.2×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Architecturally designed 306 sqm salon on High Street, Prahran
14 cutting stations and 8 wash basins across open-plan styling and colour areas
Fully under management following a recent operational restructure
Long lease in place (6 x 5-year terms from March 2023)
Established client base with scope to grow through additional stylists, chair rental, education and training

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