Thriving Barbershop in Growing Southern River - Prime Location

Southern River WA
Asking Price Contact Seller for Price
Revenue $250k - 500k
Profit $100k - $200k
About

Step into a successful barbershop located in a busy shopping center within a rapidly growing suburb. Established in June 2022, this new shop has quickly built a loyal customer base. Here’s why this business is a fantastic investment:

  • Prime Location: Situated in a bustling shopping center, the barbershop benefits from high foot traffic and visibility, attracting a steady stream of clients.
  • Stable Lease: The shop has an annual rent of $42,000 with a remaining lease term of three years and an option to renew for an additional five years, providing long-term stability.
  • Flexible Hours: Open five days a week from 9 AM to 6 PM on weekdays and 8 AM to 3 PM on Saturdays, with potential to extend hours to further increase revenue.
  • Experienced Team: The business is operated by the owner and three employees (two full-time and one part-time), ensuring consistent service and client satisfaction.
  • Growth Potential: Opportunities to expand by adding more chair stations (currently four) and extending operating hours to meet increasing demand.
  • Loyal Clientele: The barbershop enjoys a loyal customer base, with many clients returning every two weeks for trims, ensuring repeat business.
  • Training Provided: The owner is willing to stay on for six months to ensure a smooth transition and provide training, while the experienced staff will remain with the business.
  • Reason for Sale: The owner is selling due to personal health reasons and a desire to retire and spend more time with family.

This barbershop is perfect for an entrepreneur looking to take over a well-established, profitable business with a strong foundation and significant growth potential.

Want to learn more about this business? Fill out the enquiry form today.

Contact this seller
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Client No: W9712 Private sale, no contact by agents or marketers please. Last Updated 23 Apr 2025
Contact this seller
What's your enquiry about?
Client No: W9712 Private sale, no contact by agents or marketers please. Last Updated 23 Apr 2025