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Hair salon, 25 years trading

Photos: Benchmark Business Sales & Valuations

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At a glance

Years trading
25+
Rent
$54,000 per annum plus outgoings

About the business

This is a hair salon in the heart of Subiaco, Perth. The salon has traded for more than 25 years, and the current owner has run it for the past 10 years. It has 6 hair stations, 4 additional seats and 3 basins, across over 50 m² of space. The premises are on two levels, with the main salon downstairs and two rooms upstairs that are currently subleased, which lowers the rent. The owner currently works full time alongside an apprentice. The broker reports that the premises have been fitted out to a high standard. The broker reports that the salon is busy and well known, with loyal clients and a good location. The broker reports scope for a new owner operator to build on a solid, profitable business.

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 $185,000 is paid

  • Your cash $55,500
  • Loan $129,500

What borrowing costs

$164,072 repaid in all

  • Borrowed $129,500
  • Interest $34,572
AU-23408Estimate

Asking price$185,000

Paid by

Your cash$55,500

Secured loan, 7 years at 6.98%$129,500

Each month

Loan repayment$1,950

Repayments each month

$1,950

Over 7 years you repay $164,072, of which $34,572 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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