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Ohio Business For Sale |
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| EASTSIDE BARBER - OWNER WILL FINANCE |
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| Attn: Dan Long |
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| Cincinnati, OH, USA |
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| Asking Price: |
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$92000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hair, Nails, Spas, Tanning |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1955 |
| # of Employees: |
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4 |
| Yearly Revenues: |
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$125,000 |
| Yearly Cash Flow: |
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$52,000 |
| Yearly EBITDA: |
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$52,000 |
| Yearly Net Profit: |
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$52,000 |
| Yearly Gross Income: |
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$125,000 |
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Business for Sale Overview:
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This well established barber shop located in an eastern Cincinnati suburb was started in 1955 and has been operated by the seller since 1974. He wishes to retire and find a buyer that will continue the great reputation that he has developed. 2007 tax return shows seller’s income exceeding $50,000. He has 6 chairs and 4 barbers who work as independent contractors. Seller is flexible if the buyer would like him to stay on for a short or prolonged period of transition time. No advertising has ever been done. All clients have been developed through word of mouth.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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