Listing ID: 69698
Business Overview
Located on in a very busy shopping center in Suffolk County with plenty of parking
Barber shop has been here since 2019
New owner took over last year
Owner put $100k in renovations into fixing up the store and has been building back up sales
1,000 sqft store with 6 chairs and sinks
2 full time barbers working in the store currently with one part time
Parking in the front and back of the store
Washer + Dryer in the back
Lunch room for the employees to eat and relax
Large basement for additional storage. Currently being rented out for $1,000 a month
3 years left on the lease with an option to renew for 5 additional years
The shop is currently closed on Friday evenings and all day Saturday
Massive opportunity to grow the business by opening up on weekend and adding more barbers
Rent: $4,637.09 per month
Gross Sales: $15k – 20k per month
Reason for sale: Owner is looking to retire and change industries
No seller financing
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711
Financial
- Asking Price: $240,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Detailed Information
- Property Owned or Leased:Lease
- Property Included:N/A
- Building Square Footage:1,000
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Yes.
Retirement