Property Details

DESCRIPTION:

• A newly built out Men’s Barber shop and social club
• Located in Victor, NY, off a major highway
• Opened in June 2020
• Beautifully designed with a high-end atmosphere
• Able to accommodate up to 6 barbers at a time
• Complete facility for massages and spa treatments
• Upscale social room with a pool table and bar totaling 2,200 square feet
• Current hours are Thursday and Friday 3:30 PM – 7 PM, Saturday from 10 AM – 5 PM
• Has a list of over 450 clients
• Plenty of well-lit parking available with easy access

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

• Build-out costs of $ 135,000
• Furniture, Fixtures and Equipment at a fair market installed value of $ 15,000
• Inventory at cost of $ 1,000

 LEASE ARRANGEMENTS:

• There is a lease in place
• The lease can be negotiated for longer terms

 PRICE/FINANCING:

• The Asking price is $ 65,000
• Seller financing is available to a qualified buyer with $ 50,000 down

COMMENTS:

The owner invested with a stylist six months ago. The operating partner disappeared, and the current owner is unable to operate the business. He is willing to sell the business to an operator or discuss partnerships. This is turn-key barber shop and ready to go. This is a great opportunity for an owner operator barber.