Own North Melbourne’s Top Salon:Elegance & Success Await You

Luxurious North Melbourne Hair Salon Known for Excellence Awaits New Ownership

Key Sale Highlights

This listing is posted by a private seller

Business Overview

Own a luxurious hair salon on the city fringe – North Melbourne known for top-notch services and unmatched customer satisfaction. This elegantly designed salon is a unique chance to step into a world of elegance and success.

About the business:

Nestled in a bustling shopping strip in North Melbourne, this beautifully renovated salon offers an oasis for clients seeking both relaxation and top-notch styling. We’re not just focused on providing high-end services; we’re committed to crafting a unique and soothing experience.

Our commitment to satisfaction is more than just a promise – it’s proven. A perfect Google review rating of 5.0 reflects the voices of 240+ delighted customers.

Team:
* Part-Time owner
* 1 Full-Time Hairdresser
* 1 Part-Time Hairdresser
* 1 Part-Time Trainee
* 1 Casual Salon Assistant

Financials:
* Revenue: $367k (incl. GST)
* Weekly Sales: $7-9k
* Net Income: $80k-100k per year for the last 3 financial years, including owner’s wage

Open 6 days a week, this salon boasts stability with its regular clientele, yet still holds tremendous growth potential. Explore the spacious two-storey salon with a total of 10 stations and 3 basins, a lunch room, and a spare room available for rent (suitable for beauty/massage/nail services). The upper floor offers hairdressing area that can also be rented to freelance stylists for additional income streams. Private garage and relaxing covered outdoor area add to the property’s appeal. Secure lease of 3×3 which commenced in March 2023.

The current owner plans to expand their family and relocate out of Melbourne which open the doors for you to continue this thriving business. They are willing to assist during the transition, ensuring a seamless handover. If desirable, current owner can stay for a while until their relocation, which makes this offer even more attractive.

Price $72k plus stock

Don’t miss this unique opportunity to step into a world of elegance, relaxation, and financial success.

Call Jonathan at 0403 511 994 to inquire today.

This salon is surely not to be missed!

Financials

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Location Details

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This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

Confidential Business Information and FAQ's

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