Men's Barber Shop- Established & Profitable!

Orange Beach, AL
Baldwin County

Canal Road


Asking Price: Annual Revenue:
$170,000 $260,000

Services: Hair, Nails, Spas, Tanning


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RE: Men's Barber Shop- Established & Profitable! Broker: Randy Shurbet
Owner Financing is Available!
Owner financing for qualified buyer with negotiable amount down.

Quick Facts

Asking Price: $170,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 10
Employees: 3
BBN Listing #: 950554399
Broker Reference #: 10100

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Business Overview:

This landmark establishment for locals and tourists and is the go to place for supreme treatment, comfort, and the latest trend in men's hair style. The staff is led by its owner with 25 years barber experience and the business offers a grown-up twist on the classic boys clubhouse, and is referred to as "Orange Beach's Man Cave". Sales have consistently grown every year over the ten years in business. Services include consultation, shampoo, conditioner, scalp massage, cut, neck shave, and hot towel finish. Relaxed atmosphere, bar area, TV's, and leather chairs. The two other chairs in the shop are on a weekly rental basis. Owner will train and stay on as a rental chair on a part-time basis.

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Property Features and Assets:

The shop is located on Canal Road that 18,000 vehicles pass per day, and is surrounded by several popular restaurants. The facility is leased and is approximately 1,200 square feet. The owner spent $150,000 on the build out and the shop is attractively designed with a decor for men. The shop has four chairs in the front of the building and two chairs in the rear for membership customers. TV's are located throughout the shop with sporting events featured. The FF&E is currently valued at $35,000.

Market Competition and Expansion:

Competition is with local barbers with only one located nearby. The business has had annual gross revenues as high as $350,000 and with new ownership and new initiatives and promotion, along with the continued growth in the area, this shop should go even higher in gross revenues.

Reason for Selling:

Health

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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