Salon & Barbershop, 20+ Years, Seller Financing
Listing Number: 6842-736728
Listing Details
Salon & Barbershop, 20+ Years, Seller Financing
Price: $119,000
Location: Orange County, New York
- Down Payment: $94,000
- Sales: $74,002
- Seller's Discretionary Earnings: $52,957
- Inventory: $0
- Furniture, Fixtures, and Equipment: $20,000
- Rent: $1,500
- Employees: 2
- Year Established: 2003
- Reason for Selling: retiring
For More Information About This Listing
Business Description
Operating for more than 20 years, this salon and barbershop combines traditional barbering with contemporary hair, grooming, select skin services, and retail hair products. The business has developed a repeat customer base while also generating walk-in traffic.
The approximately 900-square-foot shop is equipped with five barber chairs and one hairdresser chair, providing an owner-operator with an operating platform from day one. Approximately $20,000 in furniture, fixtures, and equipment and about $2,000 in saleable inventory are represented by the seller. Monthly rent is approximately $1,500.
The business currently uses a combination of full-time, part-time, and independent personnel. The seller estimates that a capable buyer could learn the management side of the operation in about four weeks.
Growth could come from expanding digital marketing, increasing local market penetration, adding retail products and services, and continuing to combine classic barbering with current styling trends. The shop's existing capacity also gives a hands-on buyer a foundation for recruiting additional service providers and increasing chair utilization.
Please submit your request for more information on this page.