Turn-Key Barber Shop in Suffolk County, NY

Listing ID # 33043

Turn-Key Barber Shop. You would easily spend over $65K to build a location like this from scratch. Here you have the bonus of existing clientele and goodwill built over the past 3 years. This is a 1,000 sq. ft. space with a rent of only $1,680/mth. There are 8 years left on the current lease. They have 5 chairs and all furniture, fixtures and equipment are included in the sale price. This is a great shop in a great location along the South Shore of Suffolk County. The business currently has 3 barbers, plus the owner. The owner is willing to stay on for some time to assist in a training and transition period. In the past year the business had a net profit of approx. $61,200, but the asking price is primarily for the goodwill, lease and assets. We are seeking a serious and financially qualified buyer with at least $65K in liquid funds. This is ideal for a barber who can bring along his/her own following. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!