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- RE: Brooklyn Barbershop! Owner Must Sell!
- Contact: Elliot Dweck
Quick Facts
Asking Price: | $95,000 | |
Annual Revenue: | $350,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 2 | |
BBN Listing #: | 865564169 | |
Broker Reference #: | 189597-140031 |
Business Overview:
Brooklyn Barbershop! Owner Must Sell! Bid Deadline April 19th!
Due to serious health concerns, the owner is forced to sell and will be accepting the best offer he receives by April 19th. This is a beautiful barbershop located on a high traffic thoroughfare in Park Slope, Brooklyn. Owner is a barber himself and has 2 other barbers working in the shop. Owner currently works 6 days/week and nets over 200k. The owner’s share of the revenue from the 2 barbers covers all expenses plus 3k/month in profit. There are 5 chairs in the shop so there is a huge upside potential by hiring more barbers. Owner spent over 100k 8 years ago building out the shop and has kept it in mint condition. There is currently a way below market lease of $2100/month with 10 years left (and the friendliest landlord in Brooklyn)! Google reviews are a whopping 4.9 stars! Seller financing available for qualified buyers. The seller is a sweetheart and this is a sweetheart deal. This is the best barbershop deal on the market by far (not by a hair).
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Property Features and Assets:
Monthly Rent: $2,100.00
Square Units (Foot, Meter): 450
Lease Expiration Date: December 31, 2033, 12:00:00 AM
Terms Options: 5 years 5 year option
Reason for Selling:
Health Concerns.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New York businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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