Barber Shop

Not Disclosed, OH
Cuyahoga County


Asking Price: Annual Revenue:
$59,000 $100,000

Services: Hair, Nails, Spas, Tanning


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RE: Barber Shop Broker: Steven Mencini
Owner Financing is Available!
$59,000.00 Down & Possible Owner Financing for the Right Buyer.

Quick Facts

Asking Price: $59,000
Annual Revenue: $100,000
Net Profit: Not Disclosed
Cash Flow: $48,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 2
BBN Listing #: 80724447
Broker Reference #: 32945

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Business Overview:

This long-time well-known well-run Barber Shop is looking for a new owner. The current owners are looking to retire but one of the owners would like to stay on three days as a week as an employee and this would really help the new owner ease the transition with the regular clientele. The shop sits in a strip mall in a very nice suburb on a main street and has a consistent loyal customer base. It is currently a three-chair shop but with 800 square feet it could easily be expanded into a bigger shop or a barber shop/beauty salon, this combination would work well with this location because they already have belvedere shampoo bowls in place. This would be an excellent opportunity for a new barber fresh out of barber school or a current barber or beautician looking to go off on their own. The current owners are willing to show financials once they meet a prospective buyer. You can not beat the low price with this turn key opportunity so come take a closer look. Please call the broker for more details. Please use email reply button of this ad to contact us.

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Reason for Selling:

Retiring

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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