State of the Market Q4 2023
Benchmark Business Sales & Valuations State of Market Download Q4 2023 Report
Melbourne CBD Ladies and Mens hair business for sale – Major shopping center, very well established.
Perfect for an existing chain, Barber/Hairdresser.
Est 32 years in the busy main strip in the shopping center, 6 hair stations, 2 basins over 52 SQM. There are 1 f/t senior hairdressers, 2 p/t senior, plus 2 owners. Great online reviews.
Key points
Lease 6 years
Current Sales approx. $8K per week.
Rent at $75k per annum (good for this center and location) longest retailer in the shopping center.
Net profit $110 -120k per annum for the owner of the operator
Net profit for an investor approx. $50-60k per annum.
Price $132k plus stock.
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Benchmark Business Sales & Valuations State of Market Download Q4 2023 Report
Keith Brewster was by our side, helping us until the sale was finalised. Could not have asked for more.
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