Brand New Barbershop - Great Location and Rent

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Owner NOT a Barber
Asking Price:
$175,000

Gross Revenue:
$435,000
Cash Flow:
$67,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$80,000
included in asking price

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Business Description

Owner NOT a Barber; Brand New, beautiful, high end Barbershop; just open in September 2018; Great location in the Dr. Phillips area and very good rent and lease. 10 brand new stations all built with the highest quality; Great business for a Visa; Average cut is aprox. $20 (not including tips). One of the partners decided not to move to Orlando so they are dissolving the partnership. Partner in charge of the operations since they started building this beautiful barbershop is willing to stay with a new buyer under the right conditions to be negotiated.
Don't loose this opportunity, sales already growing per chair and sellers have spent some good money in advertising within their area of influence.
See current and projected sales information and P&Ls in attached excel for the different scenarios: all Split, all Rent or 1/2 and 1/2; all very profitable depending on your management strategy.

About the Business

Year Established:
2018
Number of Employees:
10 (1099)
Real Estate:
Leased
Building Sq. Ft.:
1,600
Lease Amount/Mo.:
$4,000.00
Lease Expiration:
3/30/2027
Facilities:
Rent $4,000/Month all in. 1,600 qf
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About the Sale

Reason For Selling:
Partnership dissolution
Training/Support:
2 weeks

Listing Info

ID:
1519611
Ad Detail Views:
581

Attached Files Attachment Disclaimer

  P&L Barbershop Dr Phillips.xlsx (22 KB)
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Business Listed by

Mario Capaldo

VR Business Brokers
License# BK3241033

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