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Profitable Barber / Hair Salon in Prime Location

Detail information about the listing

FF&E:  40,000

Inventory:  3,500*

Growth: Bringing in more stylists or Nail tech would really help. We turn customers down every day. We are also only one on-Friday till 5pm so adding nights and weekends would boost revenues right away.

 

Further Details: Location:    Sulphur Springs, TX

 

Inventory:    Not included in asking price

 

Real Estate:    Leased

 

Building SF:    1,500

 

Lease Expiration:    11 30 2027

 

Employees:    1

 

Furniture, Fixtures, & Equipment (FF&E):    Included in asking price

 

Facilities:    The landlord is willing to give the buyers a new 3-5 year lease at  1,250 a month

 

Competition:    #1 Barber Shop in the area.

 

Growth & Expansion:    Bringing in more stylists or Nail tech would really help. We turn customers down every day. We are also only one on-Friday till 5pm so adding nights and weekends would boost revenues right away.

 

Financing:    I am open to some owner financing with large down payment

 

Support & Training:    one week, then open to discussing maybe staying on  a few days a week to help.

 

Reason for Selling:    To be an at home Mom. This business is just too busy for me.

 

 

Additional Details

  • State:TX
  • Asking Price:$60,000
  • Cash Flow:$49,000
  • Established:2019
  • Business Description:Are you ready to Own Your Own Salon/Barber Shop? Owner Financing Aval. Excellent opportunity for someone who wants to have their own barber shop or Salon. Plenty of space to add to the existing services. This highly rated Shop has created a remarkable name for itself. We have the most 5 Star reviews on Google. Location, Location, Location, the best in town, right on the main Strip. The shop was totally remodeled in 2019 and we have 6 stations and 2 hair washing stations with plenty of storage. The income we show is off having only 1 full time worker. It is profitable with one and would make someone a real good living if you wanted to bring in employees. We currently turn away clients every day as our schedule stays fully booked. Starting a small scale but standard barber shop/ Salon business in the United States of America will cost about fifty thousand dollars to one hundred and fifty thousand dollars ($50,000 to$150,000). This shop is already up and running, plus profitable. We are asking well below market value which is $98-120K. Our price has been reduced from $79,000 to $60,000 or resaonable offer, so call today for a private tour. Owner financing with 50% down
  • Support & Training:one week, then open to discussing maybe staying on a few days a week to help.
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  • Reason For Leaving:To be an at home Mom. This business is just too busy for me.
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