Barber Shop With Cheapest Rent On Strip $4,087 Per Month

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Niddrie, Victoria 3042

$99,000

Key Features

AI generated. Contact seller to confirm.

Cheapest rent on strip $4,087 per month
Premium five-star fit-out throughout
Four barber stations and two wash basins
Owner involved one day per week
Ten years remaining on lease
Opportunity to open Sundays and increase revenue

Turnover: $192,000 per annum
Net Profit: $72,000 per annum
Rent/Lease: Rent $4,087 per month; Lease 3+5+5 years; 10 years remaining; Outgoings $8,800 pa
Stock Value: Not disclosed
Established: Not disclosed

Business Details

Business Category Hair Salon

This is an exciting opportunity to acquire a highly profitable, immaculately presented barber shop in one of Melbourne's northwest's most active main road locations.

The business was purpose-built at $130,000 and features a premium five-star fit-out across a spacious shop footprint. It currently operates six days per week with a lean and manageable staffing structure, with the current owner involved only one day per week.

This business benefits from strong passing traffic drawn from a mixed residential and commercial catchment, and sits on a prominent main road strip, ensuring consistent walk-in trade and excellent visibility.

*Taking $192,000 per annum or $3,700 per week
*Net profit $72,000 per annum
*Rent $4,087 per month; annual outgoings $8,800
*3+5+5 years lease; 10 years remaining
*Premium fit-out including four barber stations, two hair wash basins, a laundry room, an office, two toilets, and a kitchen
*Spare back room providing an opportunity for a new owner to introduce additional services or create an additional revenue stream
*All P&E is fully owned and included in the sale.

With an opportunity to open on Sundays, the upside for the right buyer is immediate and tangible!

Contact Walid today to learn more.

Business Broker: Walid Hijazi
Ref: ME03468
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03468
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