NOT DISCLOSED, New York
| Asking Price |
$95,000 |
Year Established |
2015 |
|
| Annual Revenue |
$350,000 |
Reason for Selling |
Other Interests |
|
| Annual P/L |
$0 |
Attention |
Elliot Dweck |
|
| Annual Cash Flow |
$0 |
Listing Number |
657069 |
|
| # of Employees |
2 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
This is a beautiful barbershop located on a high traffic thoroughfare in Park Slope, Brooklyn. Owner is a barber himself and has 2 other barbers working in the shop. Owner currently works 6 days/week. The owner’s share of the revenue from the 2 barbers covers all expenses plus 3k/month in profit. There are 5 chairs in the shop so there is a huge upside potential by hiring more barbers. Owner spent over 100k 8 years ago building out the shop and has kept it in mint condition. There is currently a way below market lease of $2100/month with 10 years left.
Property Features and Assets:
<p>Monthly Rent: $2,100.00</p>
<p>Square Units (Foot, Meter): 450</p>
<p>Lease Expiration Date: December 31, 2033, 12:00:00 AM</p>
<p>Terms Options: 5 years 5 year option</p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity