Barber shop offering men's grooming

Photos: Morgan Business Sales

About the business

A barber shop offering men's grooming in Burleigh Heads, Gold Coast, Queensland. It is run by one working owner. The broker reports that it is the flagship store in its area.

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.

Your cash: 30%$58,500 of the $195,000.

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 $195,000 is paid

Your cash $58,500
Loan $136,500

What borrowing costs

$172,941 repaid in all

Borrowed $136,500
Interest $36,441

AU-23143Estimate

Asking price$195,000

Paid by

Your cash$58,500

Secured loan, 7 years at 6.98%$136,500

Each month

Loan repayment$2,060

Repayments each month

$2,060

Over 7 years you repay $172,941, of which $36,441 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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