Salon Suites And Barber School

Business Overview:

This beautiful Salon Suites and Barber School is in a great location with low rent of $3500/ month occupying a 1540 square foot space. The Salon Suites has been successfully operating for 15 years with the Barber School added in 2023. Their service is exceptional with highest of standards, work ethic and cleanliness. There are many long-term clients as well as daily walk-ins. This unique business offers cuts, shaves, facials, steam treatments, braids, locs, shampoos and barber classes. The business has a strong social media presence and great google reviews with 4.4 stars.
Currently the owner takes home over 93K in SDE with the Barber school added in 2023. The business’ 2023 gross was approx. $170k in revenues.
This is a great opportunity to expand and continue to grow the Barber School business.

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Property Features and Assets:

Monthly Rent: $3,500.00

Square Units (Foot, Meter): 1,540

Lease Expiration Date: March 30, 2027, 10:00:00 PM

Terms Options: Five Years

Facilities: Commercial Strip Center

Market Competition and Expansion:

Competition: 

This business does not have employees as the Barbers rent their booths and manage their own clientele and ensures their area is kept clean and work as a team with the other Barbers.

Expansion: 

Increase number of booths available to rent
Increase marketing for Barber School
Increase tuition for Barber School

Reason for Selling:

Retire. Kindly ask the seller for more information.

Additional Details:

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