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

$Seller Financing Available

Asking Price	$65,000	Inventory
Gross Income	$167,964	Real Estate
Cash Flow	$31,277	Year Established	2004
FF&E	$23,000*	Employees	3

* included in the asking price

** not included in the asking price

Bright & Cheerful Barber Shop! Currently there are 7 Chairs, but room for 2 more. This shop has operated on an "Absentee Owner" basis. Owner has 3 Barber Shops & stops in to check on this one periodically. All of the furniture was purchased new in 2004 when the owner built this location. It has been maintained very well & still looks new. There are 3 full-time barbers that are paid on a commission basis (60%). An owner operator would do great here!

Facilities: 1016 sq ft located in a busy shopping strip. Monthly rent is $2,200. Lease expires September 2013 & there is a 5 year option to renew. The lease deposit is $3,700

Growth/Expansion: Currently there are 7 Barber Chairs & only 3 Barbers. If the new owner is a Barber, he/she could increase business by taking one of the empty chairs for his/her clientel. Also, hire some more Barbers.

Seller Financing Available: Yes

Financing: $45,000 down; Balance @ 1 years; 6% interest

Support/Training: 5 days

Reason Selling: Down Sizing