Business Overview

This is a turn-key hair salon/ barber shop located in Clearwater in a busy shopping plaza and ready for you. SELLER SAYS, MAKE AN OFFER !!!

If you have ever wanted to work for yourself then this place is for you. Just bring your clipper and shears and live your dream. They have a great clientele that you can capture.

-Established and equipped to start making money from day one.
-Currently operated by husband and wife team FOR OVER 20 YEARS and they are ready to retire.
-THERE ARE NO EMPLOYEES. The value in this business is in the GOODWILL being open and clientele of over 20 years.
-4 stations
-2 shampoo bowls.
-600 Sq feet
-RENT IS ONLY $800 PER MONTH AND LANDLORD IS WILLING TO GIVE YOU A NEW LEASE.

CURRENTLY OPERATING, HOWEVER THIS IS BEING SOLD AS AN “OPERATING ASSET” SALE. Bring your talent and start making money.
THIS OPPORTUNITY IS NOT FOR EVERYONE BUT FOR SOMEONE WHO UNDERSTANDS THE BUSINESS AND UNDERSTANDS THAT IT WOULD COST MORE TO BUILD ONE FROM SCRATCH.
NO FINANCIALS TO SHOW..

*** SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT***

IMPORTANT NOTICE: This is an operating business being offered for sale “CONFIDENTIALLY”. Interested parties MUST fill out a Confidentiality Agreement AND a financial statement before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS!

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.

Financial

  • Asking Price: $25,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $30,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2000

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

FULLY EQUIPPED

Purpose For Selling:

RETIREMENT

Additional Info

The venture was established in 2000, making the business 22 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell operating businesses. Nonetheless, the real factor and the one they say to you may be 2 entirely different things. As an example, they might claim "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might simply be reasons to attempt to hide the reality of transforming demographics, increased competition, current reduction in earnings, or a range of other factors. This is why it is really crucial that you not rely totally on a vendor's word, but instead, make use of the seller's solution along with your general due diligence. This will repaint an extra sensible image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Many businesses take out loans in order to cover items like stock, payroll, accounts payable, etc. Bear in mind that sometimes this can suggest that earnings margins are too tight. Many businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that must be fulfilled or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area attract new consumers? Most times, businesses have repeat customers, which create the core of their everyday earnings. Certain factors such as new competitors sprouting up around the area, road construction, and also employee turnover can impact repeat clients and negatively affect future earnings. One important thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the higher the opportunity to develop a returning consumer base. A final thought is the general location demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? Exactly how might the neighborhood median home income influence future earnings prospects?