Hair Salon Business For Sale

With over four decades of experience, this hairdressing and beauty business earns $9,000 weekly, offering fully equipped premises, low rent and growth opportunities.

*Weekly revenue of $9,000
*Prime location on a busy main road
*Fully furnished premises spanning 150 sqm
*Low rent of only $763 per week
*Equipment valued at $100,000
*Potential to convert a spare room into a beauty room

A well-established hair salon in the southeast of Melbourne's Central Business District to the market.

Established over four decades ago and acquired by the current owner in 2020, this hairdressing and beauty business has a proven track record of profitability. The business consistently generates a weekly revenue of $9,000, with a trial income of $8,000. Additionally, it maintains stock valued at $15,000 with a weekly cost of goods amounting to $850. 

Operated by a team of three casual staff members alongside the owner-operator, who manages operations five days a week, the business maintains a stable lease with a 2+3 arrangement, securing a weekly rent of $763. It has a high-quality fit-out and ample parking facilities positioned strategically on a busy main road.

Its 150 sqm premises are well-equipped with ten chairs, three basins, a storage room, a reception area, and retail shelving. An additional room offers the potential for expansion into a beauty treatment area. Operating hours are straightforward Tuesday through Saturday, with closure on Mondays and Sundays.

The business engages with clients through popular social media platforms such as Facebook and Instagram, capitalising on minimal ongoing expenses and growth opportunities. These opportunities include enhancing its online presence and optimising the use of beauty treatment rooms. Additionally, the vendor is willing to remain involved by working 2-3 days per week, ensuring continuity and client retention.

Listing ID: ME02871
Broker: Gerry Morelli
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME02871
Timestamp: XXXXXXXXXX 0003