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Upscale Barbershop In Brooklyn Owner Absentee For Sale

Brooklyn, New York, US
Asking Price:
$165,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
$84,000

HS Listing ID-71501


Upscale barbershop located in a prime Brooklyn corridor. Fully built out with modern finishes and positioned as a premium service shop with haircuts starting at $45+.

Turnkey operation with strong branding and neighborhood presence.

Ownership:
Owner has held the business for approximately 6–7 months. Operates absentee.

Financials:

Monthly Net Income: $7,000

Annualized Net: $84,000 (based on current run rate)

Operations:

8 barber chairs (excluding owner)

3 active barbers

All barbers are 1099 contractors

Commission split: 60% barber / 40% house

Absentee ownership

Lease:

Rent: $4,500/month

Term: 10-year lease

Size: 550 SF

Includes backyard space

No basement

Condition:

Fully built out with new equipment and finishes

No additional capex required

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

10-year lease

Leasehold Rent:

$54,000 per annum

Size in square feet:
550

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.