Profitable Barber / Hair Salon in Prime Lacation

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$79,000
Revenue
$75,000
Business Description

Excellent opportunity for someone who wants to have their own barber shop or Salon. Plenty of space to add to the existing services. This highly rated Shop has created a remarkable name for itself. We have the most 5 Star reviews on Google. Location, Location, Location, the best in town, right on the main Strip. The shop was totally remodeled in 2019 and we have 6 stations and 2 hair washing stations with plenty of storage. The income we show is off having only 1 full time worker. After Covid hit it has been a bit of a challange to find workers that can handle the high volume of clients, so we have stopped looking. It is profitable with one and would make someone a real good living if you wanted to bring in employees. We currently turn away clients every day as our schedule stays fully booked. Starting a small scale but standard barber shop/ Salon business in the United States of America will cost about fifty thousand dollars to one hundred and fifty thousand dollars ($50,000 to$150,000). This shop is already up and running, plus profitable. We are asking well below market value which is $98-120K. Our price is $79,000 so call today for a private tour. Location: Sulphur Springs, Texas Year Established: 2019 Number of Employees: 1 Real Estate: Leased Building Sq. Ft.: 1,500 Rent: $1,100.00 Per Month Lease Expiration: 11/30/2027 Facilities: The landlord is willing to give the buyers a new 3-5 year lease at $1,100 a month Market Outlook/ Competition: #1 Barber Shop in the area. Growth & Expansion: Bringing in more stylists or Nail tech would really help. We turn customers down every day. We are also only one on-Friday till 5pm so adding nights and weekends would boost revenues right away.

Business Details
Industry:
Beauty & Personal Care
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 2 days ago

Views: 8

Favorites: 0