Barber Shop & Hair Salon

Whittier, CA (Los Angeles County)

Barber Shop & Hair Salon

Asking Price:$49,000

Cash Flow:$30,000

Gross Revenue:$55,000

EBITDA:N/A

FF&E:$5,000

Inventory:$500

Established:N/A

Barber Shop & Hair Salon

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Business Description

This turnkey Barber Shop/ Hair Salon has been in business at this location for over ten (10) years and has built up a great reputation and huge list of clientele! The business is currently absentee run and the current income pays for all the expenses (including the lease, utilities, internet, etc.). Therefore, all the income the new owner operator makes is Pure Profit! There is also demand for and room to add additional barbers/hair stylists which would increase revenue as well. The business is located in the exterior corner of a busy strip retail center with frontage to a major street. The shop contains 5 well-maintained stations and is currently employing 4 barbers. This situation leaves plenty of room for growth, as there are currently only two (2) barbers working at any given time of day, leaving three (3) stations available for additional revenue production. The barber shop has two (2) television sets and a surround sound system, to entertain the customers. The shop also has WiFi, a 3-camera NETGEAR wireless security system that has a live video/audio feed and records video/audio to the cloud which can be accessed from the owner's cell phone to keep an eye on the business and employees. Additionally, the owner recently added a new POS system through an iPad using the Square application to accept credit cards and manage cash flow. Please contact Ryan via email, text or call (310) 739-4867.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has a leased location of 500 square feet with a total monthly rent of $1,449. The seller is not active in business with 3FT employees. Hours of operation are Monday-Friday 9am-7pm;Saturday 9am-5pm;Sunday 9am-3pm. Included in asking price are $500 in inventory and $5,000 in Equipment and Fixtures. $5,000 in leasehold improvements.
Support & Training:
3 Days
Reason for Selling:
Owner lives out of state

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Ryan Arango

Business Listed By:
Ryan Arango

First Choice Business Brokers LA

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Adrianna Smith

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