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For Sale: Barber Shop - Pasadena


Current Status: Active     Posting #: 252360     Last Refreshed: 11/4/19    
Contact: Michael Raad At 626-204-2319  -  Also Email This Contact Below
Price:  $30,000     Down:  $30,000     Adjusted Net:  $48,000     Revenue:  Call    
Business Address:  None Given     City:  Pasadena     Zip:  None Given    
Attributes:  Semi-Absentee Run     Cooperation With Brokers?  No

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  Description About This Posting: Barber Shop
Great location, excellent visibility on a major Blvd with lots of cars and foot traffic. The name of the business has been around for over 46 years, current owner worked under same for 30 years, and now she moved to this location one year ago. Nicely remodeled, has 4 stations, one shampoo bowl, a bathroom, parking spaces and a low rent of $1000/ month. Business opens 5 days (closed Sunday and Monday). Owner works by appointment only (charges $30 per haircut), making an average income of $48,000 per year. She has one leased out station for $125 per week, and 2 more vacant stations that can be leased out (for men or women) at $500- 800/ Mo each. Currently the salon is geared for men only and run by 2 barber ladies. No website, advertising or social media activities have been done by current owner. This business has a great potential to grow. A new energetic working owner and extra stylists could significantly increase revenue and income. Do not judge the salon by an outside look. You have to see inside to appreciate it. After sale owner is willing to stay and pay new buyer $800/Mo rent for her station So new buyer would collect from the 2 barbers$18,000 a year which would cover all the annual rent, bills and expenses in addition to some extra left money. With $20,000 down, seller would carry the balance for 2 years. This is a great opportunity waiting for the right buyer. Seller will consider any reasonable offer.

To get more information about this Barber Shop business for sale in Pasadena please phone Michael Raad (Broker) at 626-204-2319 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252360 on BizBen.com. In addition to phoning Michael Raad, make sure you email Michael Raad above to get more info about this Barber Shop, to ask any questions or request an appointment to see this business for sale. Thank you.

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