Services - Beauty & Barber Shops | Services - Other Personal Services

$Seller Financing Available

Asking Price	$120,000	Inventory
Gross Income	$260,903	Real Estate
Cash Flow	$53,083	Year Established	2002
FF&E	$30,000*	Employees	7

* included in the asking price

** not included in the asking price

ABSENTEE OWNER! Owner started this shop from scratch in 2002 & has built a very busy Barber Shop. It is light & bright & very clean. Located in a large & busy shopping center in the west side of Phoenix. There are 9 stations & currently 7 Barbers work there. A new owner could build the business by taking one of the extra stations for his/her self. The owner owns 3 Shops & has decided to downsize & put his energies in one. This one shows a strong cash flow, especially considering it is operated by an absentee owner. This is a great opportunity for a new owner, especially is he/she is a Barber!

Facilities: 1000 sq ft. Monthly Rent $2,350. Lease expires April 2010 & has a 5 year option to renew. Lease deposit $3,000

Competition: Located in a large shopping center with a major grocery store anchor. One of the busiest shopping centers on Phoenix's west side.

Growth/Expansion: There are currently 12 stations but only 9 with chairs. A new owner could add 3 Barber chairs & hire more Barbers plus take a chair for his/her self!

Seller Financing Available: Yes

Financing: $80,000 down; Balance @ 18 months; 6% interest

Support/Training: 5 days

Reason Selling: Downsizing