Please ensure Javascript is enabled for purposes of website accessibility 5 Chair Barbershop with 10 Year Lease! | Elliot Dweck | Transworld Business Advisors

5 Chair Barbershop with 10 Year Lease!

Listing Number: 189597-140031

Description

This is a beautiful barbershop located on a high traffic thoroughfare in Park Slope, Brooklyn. Owner is a barber himself and has 2 other barbers working in the shop. Owner currently works 6 days/week. The owner’s share of the revenue from the 2 barbers covers all expenses plus 3k/month in profit. There are 5 chairs in the shop so there is a huge upside potential by hiring more barbers. Owner spent over 100k 8 years ago building out the shop and has kept it in mint condition. There is currently a way below market lease of $2100/month with 10 years left.

Listing Details

  • Price: $95,000
  • Down Payment: $95,000
  • Sellers Discretionary Earnings: $0
  • Total Sales: $350,000
  • Location: Kings County, New York

  • Inventory: $5,000
  • FF&E: $50,000
  • Employees: 2
  • Year Established: 2015
  • Reason for Selling: Other Interests
  • Category: Beauty/Personal Care
5 Chair Barbershop with 10 Year Lease!

Contact Agent:

Elliot Dweck
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