ZBB2491 Profitable long established barbershop
Price: $160,000
Location: South Orange County
Industry: Beauty and Personal Care | Hair Salons and Barber Shops
Listing ID: ZBB2491
South Orange County Turnkey Barbershop.
Consistent revenue each year in the 400-500k range.
Strong passive investment for a new owner as current owner manages only, he does not cut hair. If new owner is also a barber or stylist, there is potential for greater earnings.
Current owner spends on average 10-20 hours weekly.
Over 800 reviews at a 4.7-4.8 rating. Next closest barbershop only 250 reviews and SportClips only 330 reviews
Well-established and profitable.
Current owner and location since 2016
2 part-time employees. 4 part-time contractors
Approximate sales of 400-500k annually, and 80k of profit/SDE
Seller financing is available for approximately 50% of purchase price.
Possible $1500 reduction/month under long-term lease. Currently rent is paid month to month. Owner is in discussion with the landlord
Total Sales: $420,000
Cash Flow: $80,000
Inventory (Included in the Price): $2,200
Reason For Sale: Partial Retirement
Training & Support: 1-2 weeks
Seller Financing: Yes
Year Established: 2016
Days & Hours of Operation: 9am - 6pm daily, yet only 10am - 4pm on Sunday
Owner Hours Per Week: 10-20 hours weekly
Employees: 6 (some FT, some PT
Lease Info: $6750/mo, looking for lower rent in complex upon signing LTL
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