Never have seen a Barbershop like this, Cash cow

Frisco, TX
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Asking Price:$345,000
Gross Revenue:$360,000
Rent:$4,000
FF&E:$85,000
Cash Flow:$250,000
Inventory:$2,500
EBITDA:$250,000
Established Year:2020
BUSINESS DESCRIPTION

Never have seen a Barbershop like this, Cash cow

Beautiful salon located in Collin County. Open concept Hair Salon. Up to date decoration. top of the line equipment
Extremely friendly atmosphere. Great ambiance and welcoming for all ages. Men or women. Seller is hands on operator but it can change with new management. Can do lots more and generate much more profit. 10 Barber chairs and lots of freedom to add stylists to the current staff.


DETAILED INFORMATION
Location
Frisco, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/10/2030
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Barber shop , Hair salon for men and women. fully equipped and extremely profitable. It is located in heavy traffic area including foot traffic. Easy to find and to access. Built very modernly.
Competition
Some in the area but no direct competition to this Salon
Growth & Expansion
Add more stylists, rent the chairs.
Financing
No financing offered at this time.
Support & Training
3 weeks
Reason for Selling
looking to retire and relocation
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Allen
Faradineh
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Allen Faradineh