Barber shop with good cash flow in WPB Florida

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Asking Price:
$110,000

Gross Revenue:
$386,310
Cash Flow:
$81,574
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$22,363
included in asking price

Real Estate:
 Not Disclosed

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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 six out of seven days a week, does not cut hair. Manages 1 day a week. Good books and records. Seller is offering favorable terms to a qualified Buyer.

About the Business

Year Established:
2006
Number of Employees:
0
Facilities:
Very clean shop located at one of the busiest intersections in the West Palm area.
Market Outlook/
Competition:
The shop is loved by millennials doing the most up to date and hip styles.
Growth & Expansion:
Ten chairs with eight cutter leaves room for an owner/operator to practice his craft and still add another barber for increased cash flow.
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About the Sale

Reason For Selling:
Starting a family and the shop is far from home
Training/Support:
Seller will provide transitional support.
Seller Financing:
Seller will offer good terms to qualified buyer/owner-operator

Listing Info

ID:
1565499
Ad Detail Views:
123

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Business Listed by

Capital Business Solutions

CAPITAL BUSINESS SOLUTIONS

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U.S. Census Data for Palm Beach County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Palm Beach County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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