Barber Shop For Sale, Attractive Profits
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $130000
Net Profit / Cash Flow $115000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1981
Number of Employees 1 - 3
Inventory 15000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks.
Reason for Sale Other interests.
Description Asking: $76,000. Gross: $130,000. Cash Flow: $15,000. Furniture, Fixtures & Equipment: $15,000. Financing: 50% down, 8% interest for 36 months= $1,191 per month.
Well Established Barber Shop located on a busy main road. Husband and wife team. Shop averages 40-50 walk-ins a day 5 days a week. Great opportunity for someone who wishes to add more barbers or stylists. Has four stations and chairs and 2 shampoo sinks. Nice shop that can grow more business with some marketing exposure, a little longer business hours and a couple more personnel to help with the crowd. Expenses are very minimal and there is 3 years left on a very attractive lease. Business has attractive net. A must see.
Facilities: Four Chairs and work stations, One shampoo area with another in the room being used as an office (can easily be converted to a shampoo room). Shop is over 1200 SF and very clean and organized. Located on a heavliy trafficed road and near many establishments and stores. Good looking shop ready to go to the next level.
Competition: Currently on its second owner after 25 years serving the community. Survives on walk-in business only which will be very atractive for a new owner wishing to start with customers already in place. Current owners wishing to explore other interests after bing in the industry for over 40 years.
Growth and Expansion: Been established for 27 years and has that. Has room for more employee's and the back office has a shampoo sink in it that can be converted to another shampoo area very easily. Sales can easily be increased by adding more barbers or stylists to this roomy Barber Shop.
Support/Training: 2 weeks.
Reason Selling: retiring from this industry after more than 40 years.
Year Established: 1981.
Contact for more information on this Barber Shop for sale.
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