Barber Shop with Good Cash Flow in Florida

Palm Beach, FL
Palm Beach County

Asking Price: Annual Revenue:
$110,000 $366,903

Services: Hair, Nails, Spas, Tanning

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RE: Barber Shop with Good Cash Flow in Florida Broker: Patrick Gagliardi
Owner Financing is Available!
Seller will offer Barber/owner operator a Seller's note

Quick Facts

Asking Price: $110,000
Annual Revenue: $366,903
Net Profit: Not Disclosed
Cash Flow: $62,386
Total Debt: Not Disclosed
FF&E: $22,363
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 1650344
Broker Reference #: 3562

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Business Overview:

This Barber Shop is in a busy shopping center located at a high traffic intersection and on a main thoroughfare with good visibility, signage and ample parking. 10 chairs - 8 long term cutters with repeat clientele and paid as 1099. Receptionist manages daily operation. Owner is absent 6 out of 7 days a week, does not cut hair only manages 1 day a week. Good books and records. Seller is offering favorable terms to a qualified Buyer who will be an owner/operator.

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Property Features and Assets:

1,200 square feet shop in strip center with high visibility.

Market Competition and Expansion:

Located near a main intersection in West Palm Beach. Repeat clientele.By adding 2 barbers to fill empty stations, the cash flow will increase. Selling hair products will addl revenue.

Reason for Selling:

Started a family, shop is too far from home.

Additional Details:

  • The property is owned.
  • 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.

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