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Very Profitable Barber Shop in a Great Town! for sale in Bergen County, NJ

Bergen County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 189,000 $ 250,000 $ 126,800

Furniture and Fixtures Value:
$ 15,000 (included in the asking price)

Inventory Value:
$ 3,000 (included in the asking price)

Business Summary:
Beautifully-renovated barber shop off a major thoroughfare in an upscale town. Plenty of free parking. The 2 owners are both retiring prompting the sale. The shop got all (5) star reviews on Yelp. SERVICES INCLUDE: Menís cuts, & styling (upon request) & shaves, Womenís cuts/styling, coloring, Uni-sex permanents, massages, & hair pieces. FURNITURE, FIXTURES, & EQUIPMENT valued @ $15,000 is included in the sale. A new qualified owner/tenant can get a long term lease with at least one option from the landlord. Rent is very reasonable for the size & the area. The new owner should do some advertising/promotion to boost their gross sales. Contact Seth Kain @ 201-317-4710 for additional details & showing.

 

   
Year Business was Established: 47
   
Number of Employees: 4  
   
Facilities / Terms of Lease: 1,200 sq.ft. ďAllĒ furniture, fixtures & equipment are in excellent conditions & are included in the sale. The present owner doesnít have a lease in place. The landlord will offer a long term lease to a new qualified tenant.  
   
Potential Growth/Expansion: A new owner could offer some more services. Some adverting would be helped as well.  
   
Competition: There arenít any other barbershops in the town. There are a couple of them in the next town over.  
   
Owner willing to finance: There isnít any owner financing available at the present time.  
   
Owner willing to train: Owner will provide a minimum of 2 weeks training to a new buyer.  
   
Reason for selling: The two owners are both retiring  
   
Seller Reference Number: 6012SK
BusinessMart.com Listing Number: 210401
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

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