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5 Station Barber Shop

Burlington County, New Jersey

Asking Price: Gross: Cash Flow:
$40,000 $100,671 $24,186

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$300 (included in the asking price)

Business Summary:
Contemporary in design yet comfortable and welcoming in feel this Men’s Hair Salon located in Burlington County provides hair grooming services in a relaxing environment focusing on the unique needs of their customers. Most men do not enjoy listening to gossip or smelling chemicals associated with the perms or artificial nails found in women’s salons. Discerning men need a place of their own with experienced, skilled stylists who can discuss their hair needs and allow them to unwind and take a much needed break from their day-to-day routine. This 1,200 sq. ft. facility comes completely furnished with five styling stations. Built out and furniture and equipment cost over $25,000 just 24 months ago. All equipment and supplies goes with the sale. Presently run by an absentee owner, an owner/operator could take over the existing business and walk-in with an established clientele day one. Great location, low rent (only $1,725/month), excellent potential, recession resistant, relatively low investment, cash based business with no receivables, positive cash flow, easy access with parking for 40 cars. Owner Job & family requires all his time. If you ever dreamed of owning your own business, this is your chance. Contact Gene Reilly for further information at 908-851-9040 Ext. 293.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 4FT/1PT  
   
Facilities / Terms of Lease: Contemporary designed Men’s Hair Salon location in Burlington County. This 1,200 sq. ft. salon with five styling stations was established 2 years ago. All equipment and supplies go with the sale. Great rent only $1,725 per month. Lease 2.5 years with 5 year option. Parking for 40 cars available  
   
Owner willing to finance: Prime + 2% for 2 years  
   
Owner willing to train: Two weeks  
   
Reason for selling: Present job and family require more of his time  
 

 

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