Please ensure Javascript is enabled for purposes of website accessibility Brooklyn Barbershop! Owner Must Sell! Bid Deadline April 19th! | Transworld Business Advisors Mohawk Valley West

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: DH 95,000
  • Down Payment: DH95,000
  • Sellers Discretionary Earnings: DH 200,000
  • Total Sales: DH 350,000
  • Location: Kings County, New York

  • Inventory: DH 5,000
  • FF&E: DH 50,000
  • Employees: 2
  • Year Established: 2015
  • Reason for Selling: Health Concerns
  • Category: Beauty/Personal Care
Brooklyn Barbershop! Owner Must Sell! Bid Deadline April 19th!

Business Listed By:

Elliot Dweck
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