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Business for Sale Summary

Barber Shop Business for sale in Suffolk County - 33598

Business Type: other personal services,owner financing available,hair salon/ barber shop
Owner Financing
Barber Shop Business for sale in Suffolk County
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Financial Information (non-confidential)

General Information
Asking Price $80,000 Down Payment $40,000
Gross Revenues $103,000 Lease Remaining Register Free to View
Owner’s Cash Flow $47,252 Number of FT Employees Register Free to View

Financing

$40,000 Down and $40K at 7% over 36 months

Business Description

Priced to Sell Barber Shop- Profitable. Low overhead. Great reputation. Sstar reviews. Plenty of parking and foot traffic. In business for over 20 years, the owner has built a very loyal diverse following, maintained excellent reviews on social media, and has a great reputation in the community. A full-service barber shop best described as a fusion of rock n' roll and Americana pop culture, has 6 fully built out custom Craftsmen barber stations that could easily become a 9-chair. At 2000 sq. ft. this spacious bilevel barbershop comes complete with a basement and on-site laundry and washing machine. A robust online appointment booking and database system with client, employee and inventory handling was implemented by the business several years. Currently there are 3 full time barbers including the owner. The owner wants to retire however is willing to stay on for a limited time to assist in training and the transition period.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.