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Long Standing Busy Queens Barber Shop In Queens For Sale

Queens, New York, US
Asking Price:
$150,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$185,000
Cash Flow:
$150,000

HS Listing ID-67501

Busy queens barbershop, same owner for 30 years, owner is ready to retire.

Owner/operator(barber) nets 150k

About 500 sq ft

7 chairs total, 3 plus the owner currently being used

Barbers work on 60% commission, 40% retained by the business, upside room to add more barbers or rent out chairs monthly

Rent 4k monthly all in, new lease to buyer

Monthly gross revenue 15-18k
Monthly Utilities 700
Monthly insurance 100

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

retirement