Upscale Men's Barber / Salon - Excellent Location
Location Tennessee,United States
Asking Price Range < $250K
Gross Revenues $59040
Net Profit / Cash Flow $32796
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Inventory 40000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Other business interests.
Description Asking Price: $70,000
This Barber Shop is in an excellent location with a great rent rate, frontage visibility and in a busy shopping center district. The salon enjoys a diversity of clients with no one nationality overly dominating the other in percentage of sales. The owner is absentee and is selling to focus on his career in a non-related industry. There is a team of experience barbers with the skill set to do it all, from skin tapering cuts to straight razor shaves, texturizing perms and hair coloring.
This barber shop is in an excellent location in a high trafficked area. As such, it is extremely well-situated to take advantage of a large and growing market base. In fact, the highest intersection traffic counts in the city (73,190 ADT)
The owner has shared some additional possibilities, depending on their interests, that a new owner could implement and is discussed in greater detail in the confidential business review.
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