Please ensure Javascript is enabled for purposes of website accessibility Well Established Barber Shop with Training School - 402380 -DG | Erika Baez, CM&AP | Transworld Business Advisors

Well Established Barber Shop with Training School - 402380 -DG

Listing Number: 9525-402380

Description

Asking Price: $350,000

Gross Revenue: $350,000

Established Year: 2013

Cash Flow: $90,000

Rent: $10,000/Month

Unique opportunity to own a well-established barber school with a barber shop in the same location!

Barber School

The barber school trains upcoming stylists and barbers to obtain their licenses. Once they graduate, they can branch on their own or move to the barber shop side of the house. The barber college provides reasonable tuition for students.

This also allows the school to price its haircuts under $10. Both tuition and barber college rates could be increased for significant growth in revenue.

The school does not participate in the federal school accreditation program (the owner does not wish to do the administrative work) which has the potential to increase tuition by 200% to 300%.

Barber Shop

The barber shop charges a market rate for haircuts. Licensed barbers either lease a chair or have a shared sales arrangement with the seller. Both lease and shared revenue can be increased.

The barber shop has a loyal customer base that has been coming to the shop for years.
If you have dreamed of having your own barber shop and barber school, this is the right opportunity for you. The seller will consider seller financing for the right buyer.

Location: Prince William County
Square Foot: 4,800
Inventory: $15,000
FF&E: $95,000
Real Estate: Leased
Support & Training: 4 weeks
Reason for Selling: Retirement

Listing Details

  • Price: $350,000
  • Down Payment: $350,000
  • Sellers Discretionary Earnings: $100,000
  • Total Sales: $350,000
  • Location: Woodbridge City, Virginia

  • Inventory: $20,000
  • FF&E: $200,000
  • Employees:
  • Reason for Selling: Retirement
  • Category: Beauty/Personal Care
Well Established Barber Shop with Training School - 402380 -DG

Contact Agent:

Erika Baez, CM&AP
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