Local Barber Shop/Hair Salon Seeks New Ownership

Not Disclosed, UT
Utah County

Utah County


Asking Price: Annual Revenue:
$39,500 $76,579

Services: Hair, Nails, Spas, Tanning


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RE: Local Barber Shop/Hair Salon Seeks New Ownership Broker: Shiloh Sorensen

Quick Facts

Asking Price: $39,500
Annual Revenue: $76,579
Net Profit: Not Disclosed
Cash Flow: $19,062
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 1
BBN Listing #: 1254955
Broker Reference #: 7403-14548

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Business Overview:

This Barber Shop has been a staple of the community for over 30 years. It is now time for the owner to retire and give a new entrepreneur the opportunity to take his place. The leased space has 4 stylist chairs, 2 sinks, 2 dryers, necessary equipment and inventory. Over the years the seller has acquired unique pieces of antique furniture that are also included in the sale.

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Property Features and Assets:

Leased space. All business assets are included in the sales price. Including 4 stylist chairs, 2 sinks, 2 hair dryers, multiple pieces of antique furniture, business related equipment and inventory. Total Assets: $16,750

Market Competition and Expansion:

Historically, they have done very little in advertising or marketing. The community continues to grow at a unprecedented rate. Growth through local advertising, social media marketing and expanded services are sure to benefit new ownership.

Reason for Selling:

Retirement.

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.

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