MergerPlace

Cosmetology and Barber School

Virginia


  • Asking Price: $65,000
  • Gross Income: $115,000
  • Cash Flow: $38,000
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $15,000
  • Listing ID: #196489
  • Established: 2011
  • Employees: 6 FT/ 1PT

Business Description

Combined Barber Shop and Beauty Salon. Established in 2011 the owners had a vision to open a combined beauty salon and barber shop. In addition, they operate a licensed barber and cosmetology school all from the same combined facility. A unique multi-faceted facility the business is on a nice growth slope and is developing momentum. Attractively built out, the business is on a major thoroughfare in a large city in Hampton Roads. Ten operating stations complement the facility with a combined commission and booth rental arrangement. The base rent is $1,865 per month in a footprint just under 2000 square feet and runs until the end of 2019. The owner is willing to train and assist the buyer through a transition. And for the right buyer candidate will consider some level of owner financing.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Virginia

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT/ 1PT

Financial Information

Asking Price: $65,000
Gross Revenue: $115,000
Cash Flow: $38,000
FF&E: $15,000
Inventory: $500
Seller Financing Available: No

Property Information

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers