Most Awarded Barbershop in the Grand Strand
Business Description
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Veteran owned and operated barbershop with a team of 7 seasoned barbers who bring a combined century of experience. The store carries a strong masculine vibe with a patriotic theme including American Flag Barber Capes. On occassion, you may even see a Harley parked in the store! The seller is an experienced barber moving out of state and leaving his own personal clientele to the new owner. The owner has built this highly franchisable business to run smoothly in his absence allowing him to work remotely as he desires. The business needs less on-site management due to the use of current technologies. Since the owner dislikes waiting for checks to clear and paying POS fees, the methods of payment are limited to Venmo and cash. There is an ATM in the store to save the cashless customer from embarrassment! There is no payroll, since the barbers pay the owner.
About the Business
- Years in Operation
- 6
- Number of Employees
- 7
- Facilities & Assets
- Plenty of Parking. The landlord has been cooperative, and I believe they will be flexible with a new owner. No rent hikes have been suggested. the salon next door just changed ownership and he didn't raise rent.
- Market Outlook / Competition
- The Myrtle Beach area is home to a competitive but fragmented men’s grooming market. While numerous barbershops and salons serve the area, few offer the full suite of male grooming services under one roof—creating an opportunity for differentiation.
1. Market Composition
Traditional Barber Shops: Dozens of small, independently owned shops with 1–3 barbers. These often rely on loyal local clientele and provide basic cuts and shaves, but rarely expand into modern grooming services like waxing or advanced beard sculpting. - Opportunities for Growth
- Male Grooming Is Growing: Demand for men’s grooming services, including waxing, skin care, and beard maintenance, is increasing. Consumers are also willing to pay more for expertise and experience. Adding to that, these would be great additions to spur growth:
Launching a VIP membership program.
Adding retail license and sell a product line.
Expanding online marketing and local brand partnerships. Potential future franchise model leveraging the current systems and SOPs
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- Not Disclosed
- Lease Expiration
- 12/30/2025
About the Sale
- Seller Motivation
- moving out of state
- Transition Support
- 2 weeks
- Financing Options
- Owner Financing Amount $83.500,00 Owner Financing Interest 7% Owner Financing Terms M
Listing Info
- ID
- 2394584
- Listing Views
- 340
Listing ID: 2394584 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.
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