Absentee Barber Shop

This barber shop located in Garland is owned by a building contractor who is doing very well flipping houses. He would like to sell this business and use the cash to fund a new project. He visits the shop once a month. His company built out the shop and it is very nice, spacious and comfortable. The shop has 6 stations. One station is currently occupied by a very busy and successful Syrian barber who has found a great niche in that market along with handling a very diverse walk-in clientele. Another station has a part time barber who works 3 days a week. These employees split their revenue 60/40 with the shop. Both are willing to stay with a new owner. The other 4 station are unoccupied leaving a ton of room for growth. The other stations could be rented for $150/week or the walk in traffic is more than enough to add additional staff. Currently the rent is $1,500 month for 2,200 sqft. Total monthly costs including rent are about $2,000. Rent the unused booths to add equity and additional cash flow to the business. Location: Dallas, Texas Year Established: 2019 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 2,200 Rent: $1,500.00 Per Month