Please ensure Javascript is enabled for purposes of website accessibility 16 Year High End Barbershop in Montgomery County, MD 200351 GB | Erika Baez | Transworld Business Advisors

16 Year High End Barbershop in Montgomery County, MD 200351 GB

Listing Number: 9525-200351

Description

High End Barbershop/Salon ensconced in a vibrant downtown setting surrounded by office buildings, apartment complexes and restaurants. Owner recently invested over $200K in a complete buildout with high end building materials, making the decor an unmatched showplace. The shop boasts long term and loyal clientele. Currently, marketing efforts are by word of mouth. With a nominal marketing campaign, the business can attract more clientele from the surrounding office buildings and apartment complexes.

Recovery from pandemic slow down almost complete as sales are projected to finish 2022 at a growth rate of 20% over 2021 sales production.

Sytlists can work on both men and women's cuts.

Currently the shop is set up for six barber stations.

This is an attracive turnkey operation with a strong client base.

Listing Details

  • Price: $229,000
  • Down Payment: $229,000
  • Sellers Discretionary Earnings: $73,000
  • Total Sales: $300,000
  • Location: Montgomery County, Maryland

  • Inventory: $0
  • FF&E: $35,000
  • Employees: 4
  • Year Established: 2006
  • Reason for Selling: Retirement
  • Category: Beauty/Personal Care
16 Year High End Barbershop in Montgomery County, MD 200351 GB

Contact Agent:

Erika Baez
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