MergerPlace

Barber shop with good cash flow in FL

West Palm Beach, Florida (Palm Beach)


  • Asking Price: $110,000
  • Gross Income: $386,310
  • Cash Flow: $81,574
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $22,363
  • Listing ID: #210295
  • Established: 2006
  • Employees: 0

Business Description

This Barber Shop is in a busy shopping center located at a high volume intersection and on a main thoroughfare with good visibility, signage and ample parking. 10 chairs - 8 long term cutters with repeat clientele and paid as 1099. Receptionist manages daily operation. Owner is absent 6 out of 7 days a week, does not cut hair only manages one day a week. Good books and records. Seller is offering favorable terms to a qualified buyer.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Florida
Metropolitan Area: West Palm Beach
County: Palm Beach

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 0

Financial Information

Asking Price: $110,000
Gross Revenue: $386,310
Cash Flow: $81,574
FF&E: $22,363
Seller Financing Available: Yes

Property Information

Facilities:

Very clean shop located at one of the busiest intersections in the West Palm area.

Growth & expansion opportunities:

10 chairs with 8 cutter leaves room for an owner/operator to practice his craft and still add another Barber for increased cash flow.

Competition:

The shop is loved by millennials doing the most up to date and hip styles.

Reason for selling:

Starting a family and the shop is too far from home.

Support & Training:

Seller will provide transitional support.

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:

Patrick Gagliardi

Capital Business Solutions