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Clean Cut With Cheapest Rent - Only $4,800 Per Month For Sale

Niddrie, Victoria, Australia
Asking Price:
$99,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Categories: Beauty/Health
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 $4,800 per month; $57,600 per annum; 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!