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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