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 operated 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 owner works full-time on the floor and is willing to assist with transition. The modern, fully fitted premises are in one of Townsville's busiest shopping centres, adjacent to major shopping centre entrances. No further capital expenditure is required, and the business is fully licensed to serve alcohol. The lease is in place until June 2028. The reason given for the sale is that the owner is relocating overseas. The broker reports a loyal client base.
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.
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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