Established Barber Shop W/ Two Locations #2121
Sold -
Absentee owned barber shops with two locations in Collin County. These premier locations have great visibility from the street and provide quality cuts in a fun atmosphere. The business has a multitude of talented barbers and stylist offering the latest hair styles to men, women and children. The two locations were opened in 2018 and 2022. Both locations enjoy steady growth due to their established and loyal customer based. The quality of cuts along with positive atmosphere within both barber shops set them apart from the competition. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961.
- Industry:
- Asking Price:
- $799,000
- Revenue:
- $1,108,331
- SDE: Seller Discretionary Earnings (SDE) or Discretionary Earnings is the earnings of a business enterprise prior to income taxes, non-operating income and expenses, nonrecurring income and expenses, depreciation and amortization, interest expense or income, owner’s total compensation for those services that could be provided by a sole owner/manager.* (*Source: Valuing Small Business & Professional Practices, Shannon P. Pratt, Robert F. Reilly, Robert P. Schweihs, Third Edition McGraw-Hill)
- $255,620
- Inventory:
- $10,000 (Included)
- FFE:
- $50,000 (Included)
- Year Established:
- 2018-2022
- Employees:
- Location (1) - 9FT/2PT Location (2) - 9FT/3PT
- Location:
- Texas
- Building SQ FT:
- 1,600 +/-
- Real Estate:
- Leased
- Listings ID:
- 2121
Seller Discretionary Earnings (SDE) or Discretionary Earnings is the earnings of a business enterprise prior to income taxes, non-operating income and expenses, nonrecurring income and expenses, depreciation and amortization, interest expense or income, owner’s total compensation for those services that could be provided by a sole owner/manager.* (*Source: Valuing Small Business & Professional Practices, Shannon P. Pratt, Robert F. Reilly, Robert P. Schweihs, Third Edition McGraw-Hill)