Asking Price: $99,500 Gross Revenue: $151,256Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $25,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is an awesome opportunity to run a growing barber shop with loyal customers, great staff, 4+ stars on every review site and more than 3k followers on social media. Included with this sale will also be our mobile barber shop. It is built out for 2-3 chairs depending on the setup and has everything you need for a second mobile operation. It has been a big success at festivals and events. The mobile unit is a ~30' trailer that you tow behind a truck and has a generator on board to run everything. We are also one of the few places that has a beer and wine license, which allows us to sell drinks to customers while they are waiting and receiving services. The license is transferable as long as the person qualifies with the state and county. Currently the business is staffed with 3 full time and 2 part time employees. The shop has room for one more person if needed. We also have about 25 beers in bottles and cans along with 6 beers on tap. All the equipment is approximately 2-3 years old. The barber shop concept could be run as the existing brand or re branded based on new owner. This business has been 100% run absentee, so could be either run by investor or owner operator. Owner will provide more details on location, business name, and financials with an NDA.
About the Business
Number of Employees:
Building Sq. Ft.:
Full barber shop build out. Equipment that would be staying are office furniture, 6 hair stations and setups, barber chairs, 6 TV's, iPAD POS, washer/dryer, employee fridge, 3 kegerators, 1 commercial beer fridge, and a wine fridge.
No other barber shops in retail building or at major intersection near shop.
Growth & Expansion:
Business has grown mostly organically with some paid advertising, but mostly social media driven.
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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
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