Reason for Sale: Focusing on Franchising- Extremely Profitable Men's Barber Shop & Spa Franchise. Top location in SW Florida with many National Anchors in the shopping center. 2023 revenue exceeds 890k with an owner benefit 179k for an admin owner. Services includes haircuts, beard shaves, nail care, massages, wax /grooming. Great online ratings on google. All staff are 1099 and love their work environment. Facility is 1200 sq ft with monthly rent of 5k. Royalties 6% of gross sales. Seller will manage the business for a fee making this a complete absentee owner entrepreneur opportunity. Visa Qualified. Complete Executive Summary available to qualified buyer.
- Asking Price:
- $600,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $890,000
- Cash Flow:
- $179,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Rent $5k/month
1200 sq ft facility
lease exp 2029
- Lease Rent:
- $5,000 per sq ft per annum
- Location:
-
Top location in SW Florida with many National Anchors in the shopping center
Business Operation
- Reasons for selling:
-
Focusing on franchising
- Trading hours:
-
9-6 Mon-Sat
9-3 Sunday
- Employees:
- 10
- Years established:
- 5
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
6 percent royalty
Other Information
- Support & training:
-
2 weeks no cost
- Furniture / Fixtures value:
- $50,000 - included in the asking price
- Inventory / Stock value:
- $2,000 - included in the asking price
