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Businesses For Sale > Business For Sale in Kings Park, Suffolk County, New York (NY)

Profitable Neighborhood Barbershop for sale in Kings Park, Suffolk County, NY

Kings Park, Suffolk County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 92,500 $ 240,000 $ 81,000

Furniture and Fixtures Value:
$ 20,000 (included in the asking price)

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

Business Summary:
Long time established family barbershop. Located in a small community shopping center, surrounded by some big name tenants. Near local firehouse, high school, and train station. Shop has 4 barber chairs and one hair washing sink. There are 4 full time barbers and two part time barbers, most who have been with shop a long time and willing to stay on. Security cameras, alarm system and an established website included. Currently open 6 days a week, busy enough for 7 days a week if desired. Shop is totally updated and immaculate. Business is returning to pre-pandemic numbers. 2019 gross was $273K, should should reach $240K for 2021. This barbershop has continually increased business yearly. Excellent opportunity to own your own barbershop at a discounted price. Perfect for a working barber or absentee owner with knowledge of the business. This is an excellent opportunity to buy a barbershop that makes $$ at day one. Present owner here for 20 years, owned for 15 years. Seller will entertain all reasonable offers and landlord will extend lease to qualified buyer.

 

   
Year Business was Established: 1995
   
Number of Employees: 4 FT/2 PT  
   
Facilities / Terms of Lease: 600 SF, 10 year lease  
   
Potential Growth/Expansion: Add extra day, sell products, add women haircut days. Add more specials, services.  
   
Competition: One other barbershop in town, has been there for 15 years. No issue as far as competition.  
   
Owner willing to finance: no  
   
Owner willing to train: Yes - up to 2 months  
   
Reason for selling: Moving  
   
Seller Reference Number: bm1851848069
BusinessMart.com Listing Number: 273681
 

 

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Elizabeth DeLuca

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