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Listing Number: 3562
SOLD-Barber Shop with Good Cash Flow
This Barber Shop is in a busy shopping center located at a high traffic intersection and on a main thoroughfare with good visibility, signage and ample parking. 10 chairs – 8 long term cutters with repeat clientele and paid as 1099. Receptionist manages daily operation. Owner is absent 6 out of 7 days a week, does not cut hair only manages 1 day a week. Good books and records. Seller is offering favorable terms to a qualified Buyer who will be an owner/operator.
Listing Broker
Patrick-Gagliardi
Chief Operating Officer
Phone: 954-633-7278
Email:
pgagliardi@capitalbbw.com
- Category: Barber Shops
- Asking Price: $110,000
- Gross Sales: $366,903
- Cash Flow: $62,386
- County: Palm Beach
- Area: West Palm Beach
- FFE: $ 22,363
- Inventory: $0
- Real Estate: $0
- Employees: 0 - Full-Time 0 - Part-Time
- Facilities: 1,200 sq. ft shop in strip center with high visibility
- Relocatable? No
- Home Based? No
- Market Notes: Located near a main intersection in West Palm Beach. Repeat clientele.
- Growth Notes: By adding 2 barbers to fill empty stations, the cash flow will increase. Selling hair products will addl revenue
- Support Training: 1 week at zero cost
- Year Established: 12
- Financing Terms: Seller will offer Barber/owner operator a Seller's note
- Reason for Selling: Started a family, shop is too far from home
- Inventory Included: No
- Is Franchise No
- Lender Prequalified No
- Absentee Owner Yes
- Selling Financing? Yes
- Is FEE Included? Yes