Franchise Barber Shop LOWERS SELLING PRICE

Asking Price$219,000

Cash Flow
Not Disclosed

EBITDA$90,000

Gross Revenue$500,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Franchise Barber Shop LOWERS SELLING PRICE


Asking Price$219,000

Cash Flow
Not Disclosed

EBITDA$90,000

Gross Revenue$500,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
SELLER HAS LOWERED SELLING PRICE TO $249,000

This is a well known Franchise that specializes in Men's Haircut & Shaves. The buildout is absolutely beautiful, it feels and smell like a barber shop should. The location is in a large shopping center with all spaces filled with tenants, and a large parking lot. The area is upscale with a high density of Homes, Apartments, Condo's., and other businesses.

The shop it self has a full staff of professional barbers, with an average of 3 years at this Barber shop. They have full timers along with part timers. To really fill in open areas, could hire up to 3 part timers, which leads to stronger profits. The owners were engaged in running barbershop, but due to other job promotions, they no longer have the time to run this

The BEST situation to make the most money- is to be a Barber/owner/operator. This allows you to earn more money over the money that barbershop makes. This would come to over $150K annually

This his highly confidential, more info available with confidentiality signed
About the Business
Years in Operation
10
Number of Employees
7
Franchise
This business is an established franchise
Facilities & Assets
this barbershop is 1300 sq ft with 7 barber stations
Each station has barber chair, hair washing tub, mirrors, and hair supplies
Opportunities for Growth
Growth can be provided by hiring some more part time barbers
Be an owner/barber
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,300
Rent
$3,600.00 per month
Lease Expiration
1/12/2031
About the Sale
Seller Motivation
Other businesss interest
Transition Support
the owners will provide the neccessary training
Listing Info
ID
2366211
Listing Views
664

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Randy Sokol Sokol & Associates Sokol Realty License #20174004026

Listing ID: 2366211 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.