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Raleigh Durham - Wake County

  • Listing No.: 209-20114

  • Category: Beauty

Asking Price $40,000
Down Payment
Gross Revenue $45,000
Total Adjusted Net Income $35,000
Equipment / Fixtures $25,000
Year Established 2000
General Location Raleigh Durham - Wake County
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Well established barbershop business in the same location for 20+ years with repeat customers. The location is equipped for 3 barbers/stylist with 3 cut and wash stations.This business could easily be converted to a hair salon.

Gross Revenue $45,000 Listed Price $40,000
Total Income $35,000 Down Payment
Base Rent $4,800 Square Feet 1200
Total Rent $4,800 Lease Expiration
Rent Deposit Lease Options 1
Inventory $500 Leasehold Improvements $0
Equipment / Fixtures $25,000 Other Assets
Full-Time Employees Training Period 2 Weeks after closing
Part-Time Employees Special License Required Barber's License and Barbershop Permit
Contract Staff Reason for Selling The owner is finally ready and wants to retire after 32 years in the business

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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