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- RE: Prime Barbershop Opportunity!
- Contact: Jerry Aris
Quick Facts
| Asking Price: | $95,000 | |
| Annual Revenue: | $250,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $95,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 11 | |
| BBN Listing #: | 995856 | |
| Broker Reference #: | 250804 |
Business Overview:
Owner has 3 other locations in North Texas and does not have the manpower to properly manage this shop. Growth potential in the area is high with the right manager and staff. Should the new owner decide to operate under the franchise there would be a $10,000 transfer fee. The owners will train and support new owners to help them be a successful shop. It is not required to purchase the franchise so the shop can operate as an independent. If Operated as an independent the franchise signs and wall decor will need to be
replaced.
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:
Lease assignment can be made to a new owner. The current lease rent is as follows.
- December 1, 2021 -June 30, 2023 $36.70 sq ft $ 4,348.83 monthly base
- July 1, 2023 -June 30, 2025 $38.70 sq ft $ 4,585.83 monthly base
- July 1, 2025 -June 30, 2030 $42.50 sq ft $ 5,036.13 monthly base
Market Competition and Expansion:
Floyds Barber shop is the main competition and is located within 3 miles.
Reason for Selling:
Owner has 3 other locations in North Texas and does not have the manpower. 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 a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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