Internal Ref: B15024
Summary
An outstanding opportunity to acquire a premium, architecturally designed salon in the heart of Prahran, offering scale, style and enormous potential for the right operator.
Revenue
$1,560,000 pa
Rent
$197,470 pa
Location Details
Located in one of Melbourne’s most sought-after locations.
Lease
Long lease: 6x5 from March 2023
About the Business
Premium Prahran Hair Salon | Under Management | Exceptional Fit-Out | Huge Growth Potential
**All Offers Welcome**
An outstanding opportunity to acquire a premium, architecturally designed salon in the heart of Prahran, offering scale, style and enormous potential for the right operator.
Occupying an impressive 306sqm on bustling High Street, this beautifully designed salon has been purpose-built to accommodate high client volumes in a bright, modern environment. Featuring 14 cutting stations, 8 wash basins and generous open-plan styling and colour areas, the premises provide a level of space and presentation rarely found in Melbourne's salon market.
The business is currently fully under management and has recently undergone a strategic operational restructure, creating a leaner operating model and providing an excellent foundation for future growth.
From 1 July 2026, the salon commenced trading under a new independent brand following the conclusion of its Edwards & Co licensing arrangement. This presents an exciting opportunity for an incoming owner to continue building the brand while capitalising on the salon's premium fit-out, established client base and experienced team.
Key Features:
Prime High Street, Prahran location
Architecturally designed salon spanning approximately 306sqm
Current average weekly sales of approximately $13,000, with updated trading figures available to qualified purchasers
14 cutting stations and 8 wash basins
Fully under management
Recently restructured operating model
Long lease in place (6 x 5 years from March 2023)
Premium fit-out with substantial replacement value
Established client base
Significant opportunity to grow through additional stylists, chair rental, education and training
Ideal for an experienced owner-operator, salon group or investor with industry expertise
Large-scale salon opportunities of this calibre are rarely offered to the market. With its exceptional presentation, premium location and clear growth opportunities, this is an outstanding chance to secure a flagship salon in one of Melbourne's most desirable lifestyle precincts.
For more information, please contact:
Elle Likopoulos
Absolute Business Brokers
0481 608 460
[email protected]
Ref: B15024
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