Barbershops in two adjacent markets Northeast Florida

Asking Price$550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$790,000

Inventory$2,000
Not included in asking price
FF&E$650,000
Included in asking price
Two Barbershops interiorsSave

Barbershops in two adjacent markets Northeast Florida


Asking Price$550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$790,000

Inventory$2,000
Not included in asking price
FF&E$650,000
Included in asking price

Seller Financing Available
Business Description
Two barbershops operate in adjacent, lively residential neighborhoods, both housed in modern retail centers with major anchor tenants and high-traffic frontage. The shops feature updated appointments and point-of-sale software, plus active online customer tracking and presence on all social media platforms.
The locations offer a more masculine atmosphere with barbers and stylists who are exceptionally trained and talented to get a haircut, beard trim, shave, scalp massage or brow wax. The customers can watch sports, play video games, listen to music, shoot the breeze, and enjoy a cold beverage.
An owner and the assistant manager can operate both locations.
There is an internet based self-appointment console for the customers.
About the Business
Years in Operation
6
Employees
11 (10 Full-time, 1 Part-time)
The financials included a salary for an owner operator.
Franchise
This business is an established franchise
Facilities & Assets
There are two retail spaces which were both brand new buildings and buildouts; both are 1400 s/f: both have net leases; bot base rate leases $4,300 per month. Both are class A design and materials.
The combined two spaces design, buildout and equipped personal property the out-pocket expenditures were $800,000.
The shop has new just update point of sales software, new designed customer appointment online internet consoles for ease of both customers and company.
Market Outlook / Competition
Both locations are located in newly developing master planned communities. The housing average market values are above mean average values. Both are miles away from other barber shops
Opportunities for Growth
Both areas are located in rapidly growing new construction for both single and multi-family homes.
sign the NDA for more information.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$8,600.00 per month
Lease Expiration
12/1/2030
About the Sale
Seller Motivation
The company Seller is retiring after the transition period with the new owner.
Transition Support
The seller will help in transition for up to three weeks and also, there will be third party coaches from master franchisor.
Financing Options
Seller may offer mezzanine financing
Listing Info
ID
2498246
Listing Views
12

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Business Listed by: AJohn Richwine MarketPoint Advisors

Listing ID: 2498246 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.