About the Business

Business ID: XB163820

TURNOVER $420K – HIGH PROFIT MARGIN – STRONG WALK-IN TRADE

Make your move to the stunning Mornington Peninsula with this highly profitable, stylish, and long-established barbershop. The business offers multiple income streams through full barbershop services, great haircuts, unique retail products, and excellent atmosphere!

Perfectly positioned next to the towns shopping centre, this is the busiest barbershop in town.

There’s still plenty of room for growth, with an expanding local population – and the busy spring/summer season just beginning.

- Turnover: $420,000 – Profit: $162,500 – Approx. 3,500 regular clients

- Located in the busy town centre, within the shopping centre’s car park

- Close to schools, shops, and businesses – strong walk-in trade (adults and kids)

- No competition within the car park area – plenty of free parking

- Premises 72 sqm with space – and demand – for 2 extra barbers

- Established 10+ years – current owners 4 years – run under management with 2 full-time staff and 2 casuals

- Strong social media presence – online booking system in place

- Assets include 5 chairs and washbasin ($7K), furniture and fittings ($8K), and stock

- 12 months remaining on the lease plus one 5-year option

- 1 month’s training/handover – owner focusing on another business

This is a fantastic opportunity for an experienced barber to significantly boost profits by working in the business. With space for two extra barbers – and the option of trading 7 days a week – the potential here is huge.

With the spring/summer season just starting – and the shop getting busy – the timing is perfect. The owner is keen for a quick sale to assist the new owners get up and running for Summer and is negotiable on price.

PRICE: $150,000 NEGOTIABLE