Services - Beauty & Barber Shops | Retail - Miscellaneous Retail

Asking Price	$225,000	Inventory	$10,000*
Gross Income	$505,000	Real Estate
Cash Flow	$90,000	Year Established	1995
FF&E	$50,000*	Employees	9

* included in the asking price

** not included in the asking price

Premier men's barbershop in Portland's #1 lifestyle mall

This premier, upscale barbershop concept is located in Portland s #1 lifestyle mall. It provides entry into the fastest growing segment of the hair care industry men s grooming. The shop is uniquely positioned as built for men, loved by the whole family. While 80% of customers are men, the shop also has a loyal clientele of women and kids. This is an established and growing business, with a top-notch team and a large customer base. 80% of clients are repeat customers, 70% of clients return after their first visit, and over 60% of clients refer the shop to others. The seller is a business professional who created this shop as a flagship concept with the systems and processes that will enable the owner to operate very efficiently; the seller currently spends approximately 10 hours per week on the business. The business is also attractive for an owner who seeks to develop a multi-unit operation. The brand name is trademarked and the distinctive logo and interior are designed for expansion.

Facilities: This 1,150 sq ft shop is built as a flagship, with top-of-the line interior and exterior design, materials, and equipment. The shop has a strong brand identify (new customers consistently ask, is this the only location? ). The high-traffic, high-visibility corner location in Portland s #1 lifestyle mall provides ample parking and outstanding adjacent businesses.

Competition: There are few direct local competitors in the trade area and the shop is in an "A" location. The business has grown through its focus on providing an outstanding customer experience and through the processes and systems in place to retain guests. Several product lines are unique within the trade area.

Growth/Expansion: The shop has capacity for substantial growth. There are ample opportunities for growth through expanded marketing, increased gift certificate sales, increased retail sales, and revamped offerings. The shop has an extensive client mail and email database. In addition, the concept is designed as a multi-unit brand, providing the owner with the opportunity to expand to additional locations or to franchise.

Financing: Not offered. A small carry may be considered.

Support/Training: Seller will provide a 30-day transition period. The seller understands the importance of maintaining an outstanding team and of delivering a great guest experience and wants to ensure that the outstanding brand experience continues forward. The seller is committed to sharing all knowledge and providing for a smooth transition.

Reason Selling: Seller is an entrepreneur investing in a business outside the industry.