MergerPlace

15 Yr Old Salon & Barber Shop in Tamarac

Florida (Broward)


  • Asking Price: $39,900
  • Gross Income: $31,534
  • Cash Flow: $20,890
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $10,000
  • Listing ID: #199938
  • Established: 2001
  • Employees: 3 PT

Business Description

This 15 year old salon and barber shop located in a major roadway in West Broward is a rare find. Amazingly stylish & situated in a newly renovated plaza - it has ample parking. With 5 barber and 2 salon chairs, of which only 3 are rented at the moment, the new owner can hit the ground running. Perfect for an owner operator whose expenses are paid by the rental income and whose profit starts pouring in the very first day. Great growth opportunity in adding a website, in-house cross-referral programs and a mascot on the sidewalk. 40,000 cars pass be here every day. 300 townhouses are being built nearby.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Florida
County: Broward

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 PT

Financial Information

Asking Price: $39,900
Gross Revenue: $31,534
Cash Flow: $20,890
FF&E: $10,000
Seller Financing Available: No

Property Information

Facilities:

1500 square feet stylish salon and barber shop located in a strip plaza with ample parking on a major roadway in Tamarac, West Broward County. The barbershop has 5 chairs and the salon has two chairs, There's an office, a storage room and a bathroom. Plenty of parking in the front and in the back.

Growth & expansion opportunities:

This salon & barbershop has been in business and flourished for over 15 years with no advertising. Adding a website, a mascot on the sidewalk of this busy roadway and a in-house cross referral program with boost the sales immensely. Additionally, a new development of 300 town houses is being finished nearby, which will add an additional layer to an amazing customer base.

Competition:

No competition in the immediate vicinity.

Reason for selling:

Other Business Interests.

Support & Training:

Will train for 2 weeks @ no cost. Barbershop ans salon beauty services are provided, beauty products can be sold here and licenses required are the barber's license and the city and county occupational licenses.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Anton Joro

Murphy Business Brokers