Stylish Mornington Hair Salon–Established, Profitable & Ready for New Ownership

2 days ago

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Contact

Chris Panagiotidis
 

Internal Ref: B14838

Summary

An exciting opportunity is now available to acquire a well-established hair salon in the bustling hub of Mornington.

Revenue

$11,000 pw

Rent

$706 pw

Location Details

Prime Positioning – Located in a busy commercial precinct with steady local traffic

Potential

This salon has been meticulously set up for both style and efficiency, allowing it to run seamlessly under its current structure. Its professional team and strong community following make it a secure investment.

Hours

5 Days; Tue 9am- 4pm; Wed 9am - 9pm; Thu & Fri 9am - 5pm; Sat 8am - 3pm (Closed Mon & Sun)

Lease

3x3 Commenced 1/5/2022

Employees

1 PT Owner, 1 FT Staff, 7 PT Staff

Reason for Sale

Moving Interstate

About the Business

**Offers above $120,000**

An exciting opportunity is now available to acquire a well-established hair salon in the bustling hub of Mornington. Operating since 2019, this business combines a modern fit-out with a strong reputation, offering a smooth handover for the next owner.

Key Features:

Consistent Revenue – Weekly takings of approx. $11,000

High-Quality Fit-Out – $100,000 invested in equipment, with 8 styling stations and 3 wash basins

Prime Positioning – Located in a busy commercial precinct with steady local traffic

Efficient Operations – Trading only 5 days per week, with Sundays and Mondays closed

Low Fixed Costs – Rent just $3,060 pcm (incl. GST) plus $5,000 p.a. outgoings

Stock Included – Around $15,000 of stock on hand

Experienced Team – One full-time staff member and seven part-time stylists, supported by a part-time owner

This salon has been meticulously set up for both style and efficiency, allowing it to run seamlessly under its current structure. Its professional team and strong community following make it a secure investment.

The current owner is relocating interstate, presenting a rare chance to step into a profitable business with further room for growth. Suitable for first-time business owners or experienced operators looking to expand.

For more information or to arrange a private inspection, contact:
Chris Panagiotidis & Elle Likopoulos – Absolute Business Brokers
0433 582 533 | [email protected]

Ref: B14838

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