Turnkey Established Barber Shop

Fredericksburg, VA (Spotsylvania County)

Turnkey Established Barber Shop

Asking Price:$118,000

Cash Flow:$55,800

Gross Revenue:$98,000

EBITDA:$0

FF&E:$25,000

Inventory:$1,500

Established:N/A

Turnkey Established Barber Shop

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Business Description

Turnkey Established Barber Shop

This barber shop has been in business under the same ownership for 6 years. It locates at the Massaponax area surrounded by shopping centers and business offices. This barber shop’s business has been driven by the great haircut and services. It is a great acquisition opportunity for first time owner/operator simple business model. It is a simple turnkey operation that immediate potential for sustainable flow of income. There is great opportunity for growth by hiring additional barbers and proper advertising.

• 1,060 sf overall facility
• 6 barber work stations
• Facility is very spacious and with customer waiting area
• Very low overhead and utility cost
• Relative low rent factor in comparison to other location
• Well-lit parking area for easy and secured parking
• $8,200 plus monthly sales with growth potential
• 4 years left on current lease plus 5-year option

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
relocating

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Lex Meredith

Business Listed By:
Lex Meredith

Transworld Business Advisors

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