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Listed by:

Transworld Business Advisors Richmond

Established Barber Shop In Virginia For Sale

Virginia, US
Asking Price:
$99,000
Sales Revenue:
$99,000
Cash Flow:
$80,000

Barber Shop in Great Location-321142-BK

This clean, presentable barber shop has been open for 22 years and is situated in Stafford County, VA, on a very busy highway. State highway records show a traffic count in 2022 of 65,000 vehicles per day. This produces a steady flow of new and repeat customers. The owner is retiring and moving away to be close to family.
The shop has approximately 1,000 feet with three hair stations with shampoo sinks, bathroom, storage closet, and a nice 11 x 12 back room that would be perfect for an employee lounge or nail station. This location could easily be converted to a beauty salon or nail salon. Since it is near the entrance to Marine Corps Base Quantico, the owner decided a barber shop would be best, and she has been busy since opening day. The shop is currently open from 9am until 5pm and the owner is the only barber.
Sales have fluctuated between $165k and $200k per year, netting the owner approximately $80,000 per year.
Don't miss this great shop; it won't be on the market long!

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $1,250.00

Square Units (Foot, Meter): 1,000

Lease Expiration Date: December 31, 2023, 9:00:00 PM

Business Operation

Expansion Potential:

All that is needed to increase business is some internet / social media advertising. The best advertising is a yard sign for specials place just outside the door. 65,000 vehicles per day will see it.

Competition / Market:

not many barbershops in the area and this is the closest shop to Marine Corps Base Quantico.

Reasons for selling:

Retiring

Trading hours:

8 am to 5 pm M-F

Employees:
2
Years established:
2017

Other Information

Support & training:

Training Support Included

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$1,000