Turn-Key Barber Shop in Suffolk County, NY - 33043 Business Type: misc. retail/non-classifiable,misc. service/non-classifiable,must sell/drastic price reduction!,hair salon/ barber shop
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $39,000 | Down Payment | $39,000 |
| Gross Revenues | $0 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $61,200 | Number of FT Employees | Register Free to View |
Financing
$39,000 Down and None.
Business Description
Turn-Key Barber Shop. You would easily spend over $65K to build a location like this from scratch. Here you have the bonus of existing clientele and goodwill built over the past 3 years. This is a 1,000 sq. ft. space with a rent of only $1,680/mth. There are 8 years left on the current lease. They have 5 chairs and all furniture, fixtures and equipment are included in the sale price. This is a great shop in a great location along the South Shore of Suffolk County. The business currently has 3 barbers, plus the owner. The owner is willing to stay on for some time to assist in a training and transition period. In the past year the business had a net profit of approx. $61,200, but the asking price is primarily for the goodwill, lease and assets. We are seeking a serious and financially qualified buyer with at least $65K in liquid funds. This is ideal for a barber who can bring along his/her own following. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!
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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.
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