Price: $270,000
Location: Buford, GA
Industry: Hair Salons and Barber Shops
Listing ID: 06596
Listing Status: New
A thriving, high-energy barbershop, renowned for its premium grooming services, dynamic ambiance, and deeply loyal clientele. Designed to be both modern and inviting, it delivers an unmatched customer experience, ensuring repeat business and long-term success.
This barbershop presents a rare investment opportunity for those looking to acquire a well-established, highly profitable, and industry-respected business. Whether for a hands-on entrepreneur or an absentee owner, the shop is strategically positioned for continued growth, scalability, and long-term success in the ever-expanding grooming industry.
Inquire today for more details on this high-demand, self-sustaining business!
Down Payment: N/A
Total Sales: N/A
Cash Flow: $148,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Inventory Included: Yes
Year Established: 2010
Year of last Acquisition: 2010
Days & Hours of Operation: Monday - Friday 10:00 AM - 7:00 PM | Saturday 10:00 AM - 6:00 PM | Sunday Closed
Owner Hours Per Week: less than 10 hrs
Non-Owner Payroll: N/A
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $4,560
Square Footage: 2400
Franchise: No
Relocatable: No
Facilities Information: Premises Features: The premises include 13 barber chairs with their designed for barber professionals to operate independently.
Building Condition: The store is well-maintained with modern amenities, pool tables, tvs throught the space, utilities, and common areas.
Parking: Ample parking is available for clients.
Design: The design prioritizes comfort, and functionality, creating an ideal environment for professionals and clients.
Accessibility: The location is easily accessible, enhancing convenience for barbers and customers.
Reason For Sale: The owner's decision to step back is motivated by a desire to relinquish the responsibilities of ownership and gain the freedom to explore new business opportunities, while still contributing as a skilled barber during the transition period. This arrangement offers a unique opportunity for the incoming owner to benefit from the current owner's experience and expertise.
Training & Support: The current owner is committed to ensuring a smooth transition for the new owner by staying on as a barber and providing comprehensive training for one month. This hands-on support will help the new owner become fully familiar with the business operations, clientele, and best practices for success.
Historical Summary: Founding:
This Barber Shop was founded a decade ago by two professional barbers with over 10 years of experience.
Current Status:
This Barber Shop operates with a business model where each barber rents their chair and manages their own clientele, making it an attractive investment opportunity for absentee owners.
Competition: Unique Cuts Atlanta is the biggest competitor, providing high-quality grooming services in Buford, GA.
Competitive Advantages
This Barber Shop stands out with a vibrant and engaging atmosphere, featuring pool tables, multiple TVs, and a welcoming environment, making it a community hub.
The chair rental model fosters barber independence, allowing barbers to bring their own clientele and manage their own business.
The shop is structured to run efficiently with an absentee owner, provided a store manager is in place. Ensures every walk-in client is immediately accommodated, optimizing customer flow and wait times.
Potential Growth: Expanding Operating Hours: Opening on Sundays can attract additional clients, particularly those unable to visit during the week, thereby boosting overall revenue.
Optimizing Chair Rental Rates: Incrementally increasing rental fees for barber chairs while remaining competitive can generate higher steady income without major operational changes.
Enhancing the Retail Product Line: Expanding the range of hair products, especially premium or specialty items, can create more upselling opportunities and cater to a broader range of client preferences.