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Barber shop with four stations

Photos: LINK Business Brokers

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About the business

A barber shop on a main road in Melbourne's northwest. It currently operates six days per week. The current owner is involved only one day per week. The fit-out has four barber stations, two hair wash basins, a laundry room, an office, two toilets and a kitchen. The lease is 3+5+5 years, with 10 years remaining. All plant and equipment is fully owned and included in the sale. The broker reports that the business could open on Sundays.

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 $69,000 is paid

  • Your cash $20,700
  • Loan $48,300

What borrowing costs

$61,194 repaid in all

  • Borrowed $48,300
  • Interest $12,894
AU-20727Estimate

Asking price$69,000

Paid by

Your cash$20,700

Secured loan, 7 years at 6.98%$48,300

Each month

Loan repayment$730

Repayments each month

$730

Over 7 years you repay $61,194, of which $12,894 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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