Cozy Established Barber Shop On Main Road

Essex County, NJ

Asking Price: $59,000

Business For Sale Details

Listed on Jan 23, 2025

Cozy established Barber Shop on one of main avenues near city hall, business and residences with potential to grow. Owner works 3 days F,S,S because he moved to Florida. Has 6 chairs, renting 4 of them at $300 each per month. Can add 3 more chairs. New Owner will earn more by working full day. Add manicure service.

2 years lease + option for 5 more. Equipment + Furniture in good condition. 1,200 sq. ft. + basement located on one of main avenues. Trading hours : 10am-8pm

Owner works 3 days = Friday, Saturday, Sunday - New owner can work full week add 3 more chairs. Rent extra existing chairs. Add manicure service.

Financing: $20,000 for 20 months plus 6% interest

Seller will provide 1 week training.

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Financials (USD)

Asking Price $59,000

Cash Flow $40,002

Sales $76,800

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? No

Willing to co-broke? No

Principals only? No

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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