Brooklyn Barbershop! Owner Must Sell! Bid Deadline April 19th!

Listing Number: 189597-140031

Description

Due to serious health concerns, the owner is forced to sell and will be accepting the best offer he receives by April 19th. 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 and nets over 200k. 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 (and the friendliest landlord in Brooklyn)! Google reviews are a whopping 4.9 stars! Seller financing available for qualified buyers. The seller is a sweetheart and this is a sweetheart deal. This is the best barbershop deal on the market by far (not by a hair).

Listing Details

• Price: $95,000
• Down Payment: $95,000
• Sellers Discretionary Earnings: $200,000
• Total Sales: $350,000
• Location: Kings County, New York


• Inventory: $5,000
• FF&E: $50,000
• Employees: 2
• Year Established: 2015
• Reason for Selling: Health Concerns
• Category: Beauty/Personal Care