Business For Sale

Established BarberShop for sale / Great Value!

Not Disclosed, FL
Pinellas County

St Petersburg

Asking Price: Annual Revenue:
$60,000 $127,400

Services: Hair, Nails, Spas, Tanning

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RE: Established BarberShop for sale / Great Value! Broker: Anthony LoMenzo
Owner Financing is Available!
Will consider!

Quick Facts

Asking Price: $60,000
Annual Revenue: $127,400
Net Profit: $81,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $10,500
Real Estate: Not Disclosed
Year Established: 2003
Employees: 5
BBN Listing #: 497818486
Broker Reference #: AL170627

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Business Overview:

Established and Profitable barbershop in a big shopping plaza with anchor stores. This business has been in this location (Pinellas County) since the late 50's. 7 stylist chairs.
This barbershop has all the winning elements that make a business successful: LOCATION, excellent service (skilled barbers with great customer service manners) and reputation.
The owner keeps great books/records (taxes available). Earnings going up yearly (2017 bottom line went up 15K and 2018 will increase even more). A fantastic opportunity for a licensed or newly licensed barber, working at least semi-absentee or Full-Time. If you run this business as an absentee owner, your bottom line would decrease to hire a Barber to replace current working owner.
The owner is working 3 days/week now. Might be able to stay even after the sale, but wants to be able to travel and be away months at a time. PRICE REDUCED to sell now.

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Property Features and Assets:

Shopping center is anchored by a large retailer. Plenty of parking!

Market Competition and Expansion:

There is 1 other barber nearby but there is plenty of business for all. There is currently no advertising, no social media, no retail products offered, and no website... Some of the few things that a new owner could do to increase the revenues two-fold or more would be: Advertising and the owner working more hours/days (right now semi-absentee).

Reason for Selling:

owner semi-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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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