Step into a successful barbershop located in a busy shopping center within a rapidly growing suburb. Established in June 2022, this new shop has quickly built a loyal customer base. Here’s why this business is a fantastic investment:
- Prime Location: Situated in a bustling shopping center, the barbershop benefits from high foot traffic and visibility, attracting a steady stream of clients.
- Stable Lease: The shop has an annual rent of $42,000 with a remaining lease term of three years and an option to renew for an additional five years, providing long-term stability.
- Flexible Hours: Open five days a week from 9 AM to 6 PM on weekdays and 8 AM to 3 PM on Saturdays, with potential to extend hours to further increase revenue.
- Experienced Team: The business is operated by the owner and three employees (two full-time and one part-time), ensuring consistent service and client satisfaction.
- Growth Potential: Opportunities to expand by adding more chair stations (currently four) and extending operating hours to meet increasing demand.
- Loyal Clientele: The barbershop enjoys a loyal customer base, with many clients returning every two weeks for trims, ensuring repeat business.
- Training Provided: The owner is willing to stay on for six months to ensure a smooth transition and provide training, while the experienced staff will remain with the business.
- Reason for Sale: The owner is selling due to personal health reasons and a desire to retire and spend more time with family.
This barbershop is perfect for an entrepreneur looking to take over a well-established, profitable business with a strong foundation and significant growth potential.
Want to learn more about this business? Fill out the enquiry form today.
