Summary
Step into a fully-staffed, turnkey hair salon operating from Launceston’s most desirable locations. Strong financials, a loyal client base, an experienced senior team, and handover support from owners
Revenue
$506,000 pa
Rent
$17,000 pa
Expenses
$368,000 pa
Net Profit
$138,000 pa
Location Details
The salon sits within Launceston’s premier waterfront lifestyle and dining destination. High foot traffic & easy parking in a location that reinforces the brand’s upmarket position. This is not a suburban strip shop; it’s a genuine flagship location.
Potential
Additional growth from underutilised 4th station.
Opportunity to extend opening hours to include weekend work
Skills
An experienced hairdresser ready to make the move into ownership, or a business-minded investor seeking a lifestyle asset with proven financials. No cold start, just step in and grow.
Hours
Monday - Friday - 38 hours per week
Lease
Landlord supportive of sale and a new lease can be negotiated with current landlord.
Employees
An experienced team of three senior stylists is in place. Day-to-day operations run smoothly with established systems. The owner is willing to provide a structured handover to ensure a seamless transition for both staff and clients.
Reason for Sale
Growing family requires my attention!
About the Business
Revenue over $500k.
Gross profit margin above 85% - consistent across three consecutive years.
Net Profit Margin 28% - consistent across three consecutive years
Client retention - 92%.
Net Promoter Score - 98.
Google Reviews - over 190 - 4.9 stars.
This is a premium boutique hair salon at a prime Launceston Location. Three full-time qualified stylists are in place, including a shop manager who has held the role for 12 months. Operations run on established systems — Timely booking platform, full client database, structured payroll — without dependence on the outgoing owner.
The client base is loyal, repeat-booking, and demographically specific. An Instagram following of ~1,900 is 98% local and 91% female — precisely aligned with the salon's target market.
Revenue is approximately 90% services and 10% retail, with retail growing year-on-year.
The asking price of represents a multiple of below 1! Reflecting the owners need for a quick sale. That means a simple payback in less than 1 year!
Included in the sale: fit-out, all equipment, booking system, client database, website, brand assets, social media accounts and highly ranked Google My Business account. Walk in and start making money!
Stock on hand (~$15k) is available separately.
A full due diligence pack — P&L, add-back schedule, accountant's report — is available to qualified buyers following NDA execution. Enquire now.
History
Established by its founding stylist-owner and built from the ground up into a premium destination business over five years of continuous operation. Growth was driven by reputation, stylist relationships, and a consistent commitment to quality. The business has expanded its team and client base steadily to reach its current form: fully staffed, professionally run, with verified financials and a loyal, established clientele at full capacity.
Connect with us