Trading since 2016, Monaghans Barbershop is a profitable, fully staffed business in a landmark heritage building on Victoria Avenue in Whanganui. It comes with a strong local reputation, loyal customer base and FY2026 profits of over $200,000.
Highlights
- Asking price: $350,000, including stock
- Consistent year on year sales
- Secure lease until 2033, in a high-profile central location
- 8 chairs in total: 5 in the main shop, 3 in a private area
- Current owner works one day a week, with the potential to make it a fully self-run operation, no barbering skills needed
- Staffing already in place with five barbers working, and a full-time manager who handles daily operations
- An opportunity to grow average spend per visit, with additional revenue already coming from coffee and premium hair product sale
This is more than a business address. Whanganui offers riverfront living, beautiful beaches, and genuinely affordable housing, making this a lifestyle move as much as a commercial one.
This opportunity suits a local barber, owner-operator, or lifestyle buyer looking for a proven business. The current owner will provide handover support to ensure a smooth transition for staff and customers.
With a stronger digital presence and local marketing push, there is clear potential to grow and repeat customer base.
Contact Steve Davey today - 027 257 6856.
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