Established Hawker Hair Salon – 30+ Years – Must Be Sold $68,000

Business Details

A rare opportunity to take over an established Canberra hair salon – but time is running out.
 
After more than 30 years of continuous trading, including 21 years under the current owner, Kurtz Hair by Design has built a loyal client base and an excellent reputation in the Hawker community.
 
Now, following the owner’s relocation interstate, the business is being offered for $68,000 – and a sale needs to be achieved within the next few weeks.
 
If it doesn’t sell, the owner intends to close the salon.
 
That creates a genuine opportunity for an experienced hairdresser or industry operator to secure an established salon, existing clientele and a modern fit-out at a realistic price – rather than starting from scratch.
 
The current owner continues to travel back to Canberra to service established clients, while new customers are regularly being turned away due to limited capacity. A new owner who is permanently based at the salon could immediately address this demand and grow the business.
 
Why this opportunity stands out
 
• 30+ years of established trading history
• 21 years with the current owner
• Loyal and established repeat clientele
• Strong local reputation in Hawker
• Existing demand from new clients that cannot currently be accommodated
• Modern salon fit-out completed only approximately 2 years ago
• Opportunity to step straight into an operating salon rather than build from scratch
• Ideal for an experienced hairdresser ready to own their own business
• Significant opportunity to bring in additional staff and increase trading capacity
• Owner is prepared to assist with the transition and introduce the new owner to existing clients
 
Priced at $68,000 for a genuine and timely sale

Financial Snapshot

Reporting Period Weekly Average Weekly Average Weekly Average

Business Summary

Canberra, Australian Capital Territory
Hair dressing, beauty salons & day spas.
  • Only owner servicing client
  • Comes down every 6 weeks and does 78 hours to service all clients
  • Had to let staff go as senior stylist left and junior stylists couldn’t stay on alone
  • Business strives on very strong goodwill
  • Seller will do an in depth handover and introduce buyer to all current clients who have stayed faithful over many years
Operations are conducted form 1 physical location.
• Address: Shops, PLAYOUST Building, Suite 7 Hawker Pl, Hawker ACT 2614
• Lease commencement: 1 October 2021
• Term: 5 years
• Current Lease Expiration: 30 September 2026
• Lease Continuance: Landlords letter offer available
• Outgoings: Current Monthly Rent: $3,471 incl GST
• Base Annual Rent:$27,000 + gst
• Reviews: 3.5% annually
• SQM: 74 sqm
• Insurance: $20,000,000 public liability.
Mon to Fri: 9:00am – 5:00pm
Owner Operated

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty

Investment Amount : 68000.00

Stock at Value : $0.00

Finance Options :

Frank Walmsley

0400 446 605

sales@capitalcommercial.com.au