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Business For Sale

Barber Shop in Busy Area With Absentee Owner

Yonkers (Westchester County), NY, USA

Services: Hair, Nails, Spas, Tanning

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$55,000
$83,710
Not Disclosed
$40,440
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
13
95426891
Owner Financing is Available
$40,000 down payment and seller will finance balance over 2 years.

Business for Sale Overview:

Barber shop and Unisex Salon with employees that pay rent for use of their chair and they also pay for their own supplies and equipment so the owner has steady money coming in from barbers that have consistent clients. The owner has another full time job so he only goes there a couple of times a week. They specialize primarily in Hair Cuts for Black men and woman but also have some hispanic and white clientelle. The revenue and owner's profit of the business has increased despite the recession and is projected to continue to increase. This area of Yonkers is experiencing tremendous growth with upscale apartments and this business should continue to benefit from that trend. Reliable manager in place. 6 barbers, 5 hairstylists, manager, and assistant.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Rent is only $1,640 per month. Included in the sale are 8 Barber Chairs, 2 beautician stations, 5 flat screen TV's, surround sound stereo, separate area for beauticians, and much more. Electricity cost is fixed at only $300 per month and water at only $35 per month for the length of the lease.

Market Competition and Expansion:

This barber shop is more upscale than others in the area.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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