Profitable Barber Shop in East Broward

Broward County, FL

Seller Financing Available
Profitable Barber Shop in East Broward

Asking Price:$175,000

Cash Flow:$135,598

Gross Revenue:$313,517

EBITDA:N/A

FF&E:$35,000

Inventory:$3,500

Established:2006

Profitable Barber Shop in East Broward

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Business Description

Profitable Barber Shop in East Broward

Reason for Sale: Relocating- Profitable Barber Shop in East Broward. Broward's most Luxurious & Upscale barber shop. $200k invested in barber shop furniture & build-out. 9 barber stations available to produce revenue. Great East Broward location which is pivotal to the shops success. 7 barbers on staff + 1 manicure/esthetician on staff. All barbers are1099. Lease extends to 2021 (Rent $2917/month). Business will suit either a barber or an operator manager with owner benefit reducing to $95,000. Seller is looking to relocate -Business is priced to sell NOW!

Detailed Information

Inventory:
Included in asking price
Employees:
6 FT / 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
$125k Down/ $50k for 12 mos. @ 6%.
Support & Training:
Will train for 4 weeks @ no cost.
Reason for Selling:
Moving.

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Russell Cohen

Business Listed By:
Russell Cohen

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.


Sponsoring Broker:
Murphy Business

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