Listing ID: 71501

Business Overview

Upscale barbershop located in a prime Brooklyn corridor. Fully built out with modern finishes and positioned as a premium service shop with haircuts starting at $45+.

Turnkey operation with strong branding and neighborhood presence.

Ownership:
Owner has held the business for approximately 6–7 months. Operates absentee.

Financials:

Monthly Net Income: $7,000

Annualized Net: $84,000 (based on current run rate)

Operations:

8 barber chairs (excluding owner)

3 active barbers

All barbers are 1099 contractors

Commission split: 60% barber / 40% house

Absentee ownership

Lease:

Rent: $4,500/month

Term: 10-year lease

Size: 550 SF

Includes backyard space

No basement

Condition:

Fully built out with new equipment and finishes

No additional capex required

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.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $165,000
  • Cash Flow: $84,000
  • 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:550
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.