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- RE: $180,000 NET Absentee-Run Barber School Academy
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $500,000 | |
| Annual Revenue: | $285,000 | |
| Net Profit: | $180,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1002535 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a turn-key barber school that is currently absentee-run with all staff and students in place and a great lease for 1200 sq.ft. at only $3245 per month for 10 years with an option to renew then look no further. The school boasts the capacity of handling over 150 students and currently has around 40 students so the sky is the limit for increase in revenue with more time and marketing. The business also includes around $75,000 worth of furniture,fixtures, and equipment. The academy employs a full-time licensed instructor with a monthly salary of $5,000. As part of its hands-on training model, the school offers $10 haircuts to walk-in clients, performed by students to help them refine their skills. All revenue generated from these haircuts goes directly to the school. On average, the academy services approximately 100 walk-in clients per month, though this number may fluctuate slightly depending on demand. The Academy is open seven days a week, Monday through Sunday, from 9:00 a.m. to 6:00 p.m. A key policy of the academy is that students must pay their full tuition balance in order to receive their certificate of completion and become eligible to take the final state board licensing exam. If tuition payments are not fully met, no certificate will be issued. This rare opportunity will go quick.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
1200 sq.ft suite
Market Competition and Expansion:
Tons of room for groth by adding more students and expanding hours and more online marketing
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Arizona businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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