HHB1008
Barber Shop CBD For Sale
Price:
$130,000
Profit:
$90,000
Sales:
$320,000
Location
Sydney CBD
Industry Type:
Barber Shop
Dean Radice
Specialist Broker
Phone:
0404 090 367
Email:
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About this Business for sale in Double Bay
Smart Barbershop with Impressive Financial Performance
This barbershop has achieved an impressive financial performance during the past financial year (2019/20) - generating a significant profit despite being closed for a time during the worst of the COVID-19 restrictions. A buyer who is positioned to move quickly will also be able to take advantage of an upcoming rent-free period which has already been locked-in.
It is a barbershop that has been specifically designed for the modern man. A custom fit-out provides a comfortable space for men to hang out and feel at home. The range of services satisfies the increasing personal care and presentation demands of today's male clientele. In addition to a full range of haircuts, offerings include beard shaping, deluxe packages, facials, colouring and hot towel shaves.
Its location in the Sydney CBD.
The business is all set-up for the new owner to lead it to further growth as the economy recovers from its COVID-19 slumbers. Processes and procedures are well established including a Kitomba salon software facility and SMS client reminder system.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.