Modern Established Hair Salon in Melbourne's South East

This listing presents a modern, established hair salon located in Lynbrook, Melbourne's South East. With 17 years of operation and a strong, loyal client base, the business offers a prime opportunity for a new owner. The salon features a stylish and bright interior with 7 stations, 3 wash basins, and a separate kitchenette. Currently trading 6 days a week, the vendor operates only 3 days, indicating significant potential for increased revenue by extending trading hours and implementing full-time operations. The business is situated in a shopping center with ample parking and supporting businesses. The current lease expires in June 2025, with a new lease available to the new owner, and the monthly rent is $5,525. Staff are in place, including one full-time qualified employee and two part-time staff, ensuring continuity. The vendor is selling due to family circumstances. There is substantial opportunity to grow the business further by developing a website, online booking facility, and leveraging social media platforms. The asking price is $59,999 AUD, with last year's turnover exceeding $400,000 AUD. Cash flow is not disclosed.