Eastside Barber - Owner Will Finance - Income Over $50K
Location: Ohio > Hamilton County > Cincinnati
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $92,000
Gross Revenue: $125,000
Cash Flow: $51,000
FF&E: $1,000 (Included in Asking Price)
Seller Financing: Seller will consider financing part of the sale.
Business Summary
This well established barber shop located in an eastern Cincinnati suburb was started in 1955 and has been operated by the seller since 1974. He wishes to retire and find a buyer that will continue the great reputation that he has developed. 2007 tax return shows seller’s income exceeding $50,000. He has 6 chairs and 4 barbers who work as independent contractors. Seller is flexible if the buyer would like him to stay on for a short or prolonged period of transition time. No advertising has ever been done. All clients have been developed through word of mouth.
About the Business
Year Established: 1955
Employees: 3 full time - 1 part time
About the Sale
Management Training and Support: Seller will stay on as long as necessary to ensure the success of the buyer.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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