Located in the relaxed bayside suburb of Mentone, 21 kilometres from Melbourne's CBD and nestled on Balcombe Road, the suburb's main thoroughfare, Mentone Barber is a highly visible go-to destination for locals and visitors alike. The business, which was established six years ago, is on the market for the first time.

The barber shop combines traditional techniques with a modern flair. It is open 7 days a week (Tuesdays by appointment only), designed with an eye for convenience in a busy world. While specialising in men's haircuts (70% of customers are men) the shop offers a variety of options, including children's haircuts, curly hair expertise, hair colouring and treatments such as balayage and hair extensions. Prices for services range from $30 - $50, making it a one-stop shop for families and individuals seeking more than just a trim.

 

Stepping into Mentone Barber you're greeted with a clean, modern space with a nod to traditional barbering décor such as comfortable chairs, imposing mirrors and timber floor and furnishings. With its wide expanse of window space, the shop's welcoming atmosphere mirrors the friendly service and quality grooming provided for all ages and styles.

The 48 square metre shop benefits from a very reasonable rent of approx. $2,330 per month, including GST and outgoings and features two separate staff/storerooms, split system air-conditioning , car parking for customers and first floor car space for owner. All furniture and equipment, consisting of six stylish golden barber chairs and armchair with hair washing basin, reception desk, bookshelves, mirrors and cupboards are included in the price. There are 4 years left on the existing 3x3x3 lease with options to renew.

 

The business had to close temporarily recently due to a family tragedy but is now busy again and locals are looking forward to being able to come back to their much-loved barber which was sorely missed. While the shop has been highly profitable for the last three years (financials can be provided) the owner has reached a point of needing to step back from full-time work but will be available for free training and handover and will consider a continuing 2-3-day presence if the new owners are interested.

 

So, if you would like a cut of the action call or email Alan Maguire from Maguires Real Estate now for more information or to arrange an inspection of the premises.

Price: $120,000 + stock (approx. $2500) including all plant and equipment and a free training and handover period
Contact: Alan Maguire, Principal, Maguires Real Estate
Phone: 0418 377 038
Email: alan@maguiresrealestate.com

 

Contact Alan Maguire for more information.
Office: (03) 5975 1128
Mobile: 0418 377 038