Rarely does a genuinely passive small business come to market. This is one of those opportunities.
A well-established barbershop operating in one of South Australia's fastest-growing regional corridors is available for purchase. The owner does not work in the business. There is no owner dependency, no key-person risk attached to the proprietor, and no requirement for the buyer to have any industry experience whatsoever. A professional team manages and operates the business entirely.
The numbers speak for themselves. Annual revenue of approximately $640,000. Adjusted net profit of approximately $190,000 per annum after a full commercial wage bill. Rent locked in at $55,000 per annum for an incoming purchaser. Gross margins consistently above 97%. A 4.7-star Google rating and a customer base built over years without a single dollar spent on advertising.
This is not a turnaround. This is not a start-up. This is a proven, stable, cash-generating business in a service category that is recession-resilient, cannot be outsourced, and cannot be replaced by e-commerce.
The Adelaide Hills region it serves is forecast to grow by over 50% in population by 2046 meaning the demand runway for a well-positioned local service business is measured in decades, not years.
At $299,950 plus stock at valuation, the entry price represents approximately 1.5 adjusted earnings a multiple that reflects both the stability of the asset and the current cost environment.
Confidential enquiries invited. Information memorandum available upon execution of NDA.