Priced Reduced To Sell - Well established Barber Shop located in good shopping plaza in North County San Diego Coastal. Has been in same location for almost 10 years. 6 Chairs plus a shampoo station. Owner works part time and wants to retire. Rents out 3 chairs @ $250/week and these chairs generate approximately $3500-$4,000 per month. All equipment is owned free and clear. Average hair cut is $18. Also sells a few convenience items which could be expanded upon. Now Offered At Only $22,500. Seller is very motivated and would consider renting back 1 chair for his continued use. Lease expires in Nov 2011, however landlord has indicated would consider new lease for 3-5 year term with right to renew at market rent. Currently paying $3,328/month for approximately 980 sq. ft..
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Property Features and Assets:
Long established men's Barber Shop. !0 years in current location. Seller wokrs part time and wants to retire.
Market Competition and Expansion:
Great location in busy center. Not much competition in the area.
With a good marketing program could increase business substantially.
Reason for Selling:
- 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.