Tampa Barbershop – Prime Location – Multiple chairs (Ybor)

Detail information about the listing

FF&E:  10,000

Inventory:  800

Growth: The facility is currently equipped with 3 chairs, each of which can maintain a  200 week chair rent. If an owner wishes to be an absentee owner, their only job would be to find barbers to fill the remaining chairs. For an absentee owner, revenue potential is  31,200 (3 chairs * 200 wk * 52 weeks). Expenses are set at  1284 (includes all utilities except for internet) * 12 months =  15,408. For an EBITDA potential of  15,792 for an absentee owner.

Further Details: Location:    Tampa, FL

Inventory:    Included in asking price

Real Estate:    Leased

Building SF:    400

Lease Expiration:    12 31 2022

Employees:    1

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

Facilities:    The facility is currently equipped with 3 brand new barber chairs, each of which can maintain a  200 week chair rent. There are two TVs,  800 worth of Level3 product (which sells at an average 200 percent markup), a refrigerator stocked with beer and water, a hot towel cooler, mats, a private bathroom, and special mementos on the wall that give the barbershop it’s refreshing atmosphere. 

Included in the lease is also the use of the courtyard immediately in front of the barbershop, with tables and chairs for waiting customers or for any events you so choose.

Competition:    The barbershop is located about two blocks from the heavy foot-traffic of Ybor City. There are three other barbershops in the area, all of which compete locally for clientele. The average haircut in the area goes for  35- 40. Our clients mostly reside in Ybor City, Downtown Tampa, Channelside, and various other parts of Tampa Bay (those that move away but want to keep the same barber).

Growth & Expansion:    The facility is currently equipped with 3 chairs, each of which can maintain a  200 week chair rent. If an owner wishes to be an absentee owner, their only job would be to find barbers to fill the remaining chairs. For an absentee owner, revenue potential is  31,200 (3 chairs * 200 wk * 52 weeks). Expenses are set at  1284 (includes all utilities except for internet) * 12 months =  15,408. For an EBITDA potential of  15,792 for an absentee owner.

Financing:    Seller is open to various financing options (equity, debt, down pmt + finance)

Support & Training:    Options are available to have current rented chair with clientele to remain. This chair rent can bring in  10,400 alone ( 200 week). 

Can train on marketing approach used (Booksy application) and current marketing strategies used. Also willing to mentor if future owner(s) have a barber background.

Reason for Selling:    Owner has had an unexpected medical circumstance with her son that has required