Old Time Barbershop
Gross Sales: $78,000.00
Cash Flow: $55,000.00
This old time barbershop has three chairs, a hairwashing station, and a waiting area. There is a parking lot with ample room for cars and a big sign right in front. The rent in this shop is only $900/month and utilities are very low.
This all cash business spells OPPORTUNITY for a new owner! It has been under the same ownership and same location for 40 years. It is the only traditional barbershop in the area. The current owner works five days per week and has a loyal, repeat customer base. With a smooth transition period, the existing customers will stay on with the new owner.
What a great opportunity this is! The current owner does no marketing or advertising of any kind. There is not even a website! By getting an online presence, marketing to existing customers, and getting involved in the community, this business can be easily expanded to support two or three additional barbers. A modern software system can be put in to accept appointments and track sales. The business does not currently accept credit cards. Adding this convenience would increase average ticket sales.