Asking Price:

$25,000

Gross Income:

$78,663

Cash Flow:

$61,065

EBITDA:

$61,065.00

FF&E:

$4,000.00 *

Inventory:

$100.00 *

Real Estate:

N/A

Year Established:

1989

Employees:

2

Business Types:

Beauty Salons, Barber Shops
Other Personal Services

* included in the asking price

Business Description

This is a golden opportunity to own a traditional barber shop that is owned by a barber with 42 years of customers. It faces a major traffic way & is located in a high denisity area. Four years of tax records are available.

Detailed Information

Facilities:

The business is located on a major artery with 4 lane traffic. Access is easy with plenty of parking. The business fronts on the street. It is well maintained

Competition:

There is the normal amount of competition. But, few traditional barber shops that provide quality service

Growth/Expansion:

Add another barber to the existing vacancy. Add a nail care operator. Establish a web site.

Financing:

Seller prefers that a buyer obtain bank financing.

Support/Training:

The seller will train as necessary.

Reason Selling:

Retirement