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Business For Sale Listing 142180

Barber Shop For Sale, Attractive Profits

Status as of Nov-22-2008 at 06:02 PM: Off The Market

Business Summary

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.

General Information
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 heavily trafficked 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. Has room for more employees 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


Categories

Industry:
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Industry

Sector: Personal Services
Industry: Beauty Parlors & Barbershops

Location

Classification: United States // Southeast States // Florida // Other Florida
Location: Merritt Island

Financials

Sales: Between $100 Thousand And $500 Thousand   ($130,000)
Profits: Between $100 Thousand and $500 Thousand   ($115,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Fiscal Year: 2007
Asking Price: Less than $100 Thousand   ($76,000)
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