Home Business For Sale A chain of 2 men’s grooming salons for sale, Melbourne
For Sale
Reference Number: bus5905

A chain of 2 men’s grooming salons for sale, Melbourne

Victoria
Melbourne - Greater
$265,000 + Stock

Fully managed offering barbering and men’s beauty services. All the hard work has been done, and the business has a great brand presence.

Two fantastic locations in Melbourne CBD and inner city. Very well-established with over 14k following on social media and many 5 star google reviews.

Reference Number: bus5905

Business snapshot:

Earning Type: EBITDA

Summary

Fully managed offering barbering and men’s beauty services. All the hard work has been done, and the business has a great brand presence.

Two fantastic locations in Melbourne CBD and inner city. Very well-established with over 14k following on social media and many 5 star google reviews.

Key points for Store 1:

- Store size :184 squares. Prime city location.
- Rooms: 4 Beauty rooms (1 mani pedi, 2 waxing, 1 facial) + 1 Staff room + 1 Laundry + 1 Toilet. 1 room with shower facility
- Chairs: 10 Barber chairs. 2 Wash chairs. 1 colour station + Wash sink
- Equipment’s: Large Reception with touch screen PC. Wall mounted TV, Bar Fridge + Drinks Fridge, Washer and Dryer, Expresso professional coffee machine, Hot Towel cabinets x 4
- Seating & Display: Multiple Large seating / lounge area for customers. Extensive product display wall. 12-15 customers seating / waiting capacity

- Rent: $7500 per month (incl. GST & all outgoings. No Water bill).
- Lease: Current 7 years (3 years to go) + 7-year renewal option.
- Staff: 2 Permanent Beauty Therapist (35 hours, 32 hours) + 4-5 Barbers (Mix of Casual & Contractors)
- Wages: $4500 per week: $8-9K per week and growing

Key points for Store 2:

- Store size: 90 squares. Prime inner-city location
- Rooms: 1 Staff room with laundry & fridge. Reception and product display
- Chairs: 6 Barber chairs. 2 Wash basins. 1 Wash chair. 1 colour station
- Equipment’s: Touch screen PC + Wall mounted TV, Bar Fridge & Washing machine, Hot towel cabinets x 2
- Seating: 10 customers seating / waiting capacity

- Rent: $5400 per month (incl. GST & all outgoings). CPI 3%
- Lease: Current 3-year lease. 1 year to go. + 3 + 3
- Staff: 1 FT Barber + 4-5 other Barbers (Mix of Casual & Contractors)
- Revenue: $8-9K per week (incl. GST). varies as walk-in model


FOR SALE: $265,000 + Stock

Contact the exclusive broker:
John Kasapi
Benchmark Business Sales & Valuations
M: 0422 930 549
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5905 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations
Fully managed offering barbering and men’s beauty services. All the hard work has been done, and the business has a great brand presence.

Two fantastic locations in Melbourne CBD and inner city. Very well-established with over 14k following on social media and many 5 star google reviews.

Reference Number: bus5905

A chain of 2 men’s grooming salons for sale, Melbourne

Victoria
Melbourne - Greater
$265,000 + Stock

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