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Business For Sale

Barber Shop Very Profitable!

Gaithersburg, MD

Services: Hair, Nails, Spas, Tanning

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$50,000
$75,000
Not Disclosed
$26,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$10,000
Not Disclosed
2005
3
410832377

Business Overview:

Well known and established Barber Shop serving the Gaithersburg Community since 2005. The shop has great visibility as it is located right off the street. The Barber Shop has an old time feel to it making it a comfortable and relaxing place to come for a quick hair cut. The shop has room for 6 barbers, currently 3 chairs are being rented for $250/week. With rent, utilities and miscellaneous expenses totaling less than $1500/mo this is a Very Profitable Barber Shop. The seller is looking for a quick sale due to family so bring your best offer.

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:

The 460 sq ft space leased for $1,000/mo is located right on the street so it is visible to the thousands of cars that pass daily. There is plenty of parking on the street and behind the building. The Barber Shop has an old time feel with a bit of modern feeling.

Market Competition and Expansion:

Competition: Standard Competition in the area. Growth/Expansion: There is room for 6 barbers in the shop, currently there are 3 so bringing on a couple more barbers will increase revenue and cash flow. A new owner might want to consider implementing a small advertising campaign.

Reason for Selling:

Family

Additional Details:

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

Resources: