Business Details

Barber Shop

Location : Orange County

Type of Business : 195,000

Asking Price: $195,000
Inventory: $2,500

Gross Sales: $32,500

Summary of Business

This is a beautiful men's hair salon in North Orange County doing a high volume of business. Haircuts are $30.00 per job and the four Barbers working as employees average $1,100 per week in salary and tips. Their are five chairs including the owner but their is room for one more barber chair. This would increase the monthly income an additional 20 Per Cent. The Landlord will give a new lease for five years at approximately the same terms. If the Buyer has a License to do hair then he will average over $100,000 per year in annual income. Their motto is "A Modern Barbershop for Today's Gentlemen of Leisure." The Staff is a professional team of highly trained barbers. See Attached Pictures.

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Other Details

Reason for Sale: moving out of area

Income

Gross Yearly Sales: $32,500
Adjusted Yearly Net Profit: $10,500

Rent

Total Rent: $1,300
NNN: $INC
Options: 0
Sq. Ft: 700
Occupancy: 6 Chairs

Employees

Full time: 4
Part time: 1
Hours of Operation: 10:am to 7:00pm Payroll: $21,000

Expenses

Insurance: $250 per year
Gas: $Inc
Electric: $225
Water: $Inc.
Phone: $120
Trash: $Inc.
Internet and TV: $Inc. in phone

Additional Details

Year Established: 2015


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