Established Barbershop in St Petersburg

Saint Petersburg, FL (Pinellas County)

Seller Financing Available
Established Barbershop in St Petersburg

Asking Price:$110,000

Cash Flow:$89,000

Gross Revenue:$163,931

EBITDA:N/A

FF&E:$17,500

Inventory:$300

Established:60

Established Barbershop in St Petersburg

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Business Description

Well established barbershop with 6 barbers, great opportunity to own a piece of Americana! Barbers are on a 70/30 split with the 30% paying all of the overhead and then some!

Seller is moving out of state, but willing to stay on for an extended period of time after the transaction as a barber.

Shop has 7 chairs and only 6 barbers. An established barber could bring their book of business and pocket the overage on the 30% paid by the other barbers.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1000 square foot facility in a major shopping center that has Big Lots, Winn Dixie and Bealls as anchors.
Competition:
Some competition in the area, but limited
Financing:
70,000 down term 5 years 8%
Support & Training:
14 days
Reason for Selling:
Moving out of State

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Carson Bomar

Business Listed By:
Carson Bomar

Century 21 Elite Locations Inc.

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Sponsoring Broker:
Chris Angelo

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