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Hair and barber for sale, Melbourne VIC

At a glance

Business type
Hair Salon Business for Sale in Armadale.
Rent
Rent $2590 Per Week plus GST
Lease
Approx 6 years left on Lease till 2022

About the business

A hair salon in Armadale, Melbourne, Victoria. It currently operates 6 days per week, Monday to Saturday. The premises are on 2 levels, approximately 300 plus square metres, with a good fitout. Training is available to new owners if required. The reason given for the sale is that the current owner wants to retire. The broker reports a large loyal client base and plenty of passing foot traffic daily.

Financing calculator

An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $59,000 is paid

  • Your cash $17,700
  • Loan $41,300

What borrowing costs

$52,326 repaid in all

  • Borrowed $41,300
  • Interest $11,026
AU-15135Estimate

Asking price$59,000

Paid by

Your cash$17,700

Secured loan, 7 years at 6.98%$41,300

Each month

Loan repayment$620

Repayments each month

$620

Over 7 years you repay $52,326, of which $11,026 is interest.

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.

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