Turn-Key Barber Shop in Suffolk County, NY - 33043 Suffolk County, New York

Suffolk County, New York Business For sale

Property Features

Property TypeBusiness For sale Year Built-
SQFT- Tenancy-
Building ClassA Zoning-

Details

  • Proparty Sub CategorieBeauty and Personal Care
  • Asking Price65000
  • Cash Flow61200
  • Gross RevenueN/A sqft
  • EBITDAN/A
  • FF&E65000
  • InventoryN/A
  • Established2016
  • LocationSuffolk County, NY
  • Employees4FT
  • Support & TrainingSeller will train
  • Reason for SellingOwner moving.

Description

Turn-Key Barber Shop. You would easily spend over $65K to build a location like this from scratch. Here you have the bonus of existing clientele and goodwill built over the past 3 years. This is a 1,000 sq. ft. space with a rent of only $1,680/mth. There are 8 years left on the current lease. They have 5 chairs and all furniture, fixtures and equipment are included in the sale price. This is a great shop in a great location along the South Shore of Suffolk County. The business currently has 3 barbers, plus the owner. The owner is willing to stay on for some time to assist in a training and transition period. In the past year the business had a net profit of approx. $61,200, but the asking price is primarily for the goodwill, lease and assets. We are seeking a serious and financially qualified buyer with at least $65K in liquid funds. This is ideal for a barber who can bring along his/her own following. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

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