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- RE: Style And Educate: Unique Combo Business On Sale!
- Contact: Wayne Blease
Quick Facts
Asking Price: | $235,000 | |
Annual Revenue: | $169,780 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $93,519 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | Not Disclosed | |
BBN Listing #: | 954032 | |
Broker Reference #: | 76931-819189 |
Business Overview:
This beautiful Barber Shop and Barber School is in a great location with low rent of $3,500/ month occupying a 1,540 square foot space. The Barber shop has been successfully operating for 15 years with the Barber School added in 2023. Their service is exceptional with highest of standards, work ethic and cleanliness. There are many long-term clients as well as daily walk-ins. This unique business offers cuts, shaves, facials, steam treatments, braids, locs, shampoos and barber classes. The business has a strong social media presence and great google reviews with 4.4 stars. The business has a talented team of eight long-term independent barbers who rents their space.
Currently the owner takes home over $93,000 in SDE with the Barber school added in 2023. The business’ 2023 gross was approx. $170,000 in revenues.
This is a great opportunity to expand and continue to grow the Barber School business.
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Property Features and Assets:
Monthly Rent: $3,500.00
Square Units (Foot, Meter): 1,540
Lease Expiration Date: March 30, 2027, 10:00:00 PM
Terms Options: Five Years
Facilities:Commercial Strip Center
Market Competition and Expansion:
Competition:Â
This business does not have employees as the Barbers rent their booths and manage their own clientele and ensures their area is kept clean and work as a team with the other Barbers.
Expansion:Â
Increase number of booths available to rent
Increase marketing for Barber School
Increase tuition for Barber School
Reason for Selling:
RetireAdditional 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:
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