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Men's barbershop and women's hair salon

About the business

A hairdressing and barbershop business in Townsville, Queensland, with a men's barbershop and a women's hair salon. It has been operating for over 15 years. It trades 6 days per week with late-night Thursday trading, and has 14 trained staff in place, including barbers, stylists, apprentices and a receptionist. The current owner works full-time on the floor and is willing to assist with transition. The lease is in place until June 2028, in one of Townsville's busiest shopping centres, adjacent to major shopping centre entrances. It is fully licensed to serve alcohol, and stock is extra. The reason given for the sale is that the owner is relocating overseas. The broker reports modern, fully fitted premises with no further capital expenditure required.

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 $550,000 is paid

  • Your cash $165,000
  • Loan $385,000

What borrowing costs

$487,781 repaid in all

  • Borrowed $385,000
  • Interest $102,781
AU-22708Estimate

Asking price$550,000

Paid by

Your cash$165,000

Secured loan, 7 years at 6.98%$385,000

Each month

Loan repayment$5,810

Repayments each month

$5,810

Over 7 years you repay $487,781, of which $102,781 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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