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Men's barbershop and women's hair salon, 15 years trading

About the business

A hairdressing and barbershop business with a men's barbershop and a women's hair salon in Townsville, Queensland. It has been operating for over 15 years. It has 14 trained staff in place, including barbers, stylists, apprentices and a receptionist. It trades 6 days per week, with late-night trading on Thursday. The owner works full-time on the floor and is willing to assist with the transition. It is fully licensed to serve alcohol. Stock is extra. The reason given for the sale is that the owner is relocating overseas. The broker reports a loyal client base and a 4.4-star Google rating from 120+ reviews.

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-22836Estimate

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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