Long-Established And Renowned Barber Shop For Sale

Price: $50,000

Location: Los Angeles County, CA

Industry: Hair Salons and Barber Shops

Listing ID: 01985491 WL

Listing Status: New

Description

Operating successfully for the past 45 years, this well-known barber shop is situated in an excellent location in LA's Korea Town.

The shop is fully equipped with four chairs and shampoo stations, and it holds a cosmetologist license for perms and coloring services.

Due to a serious health issue, the seller needs to make a quick asset sale urgently.

This prime location offers great potential for a buyer with the appropriate license. Don’t miss this fantastic opportunity!

AS-IS, ASSET SALE!

LISTING DETAILS

Down Payment: $50,000

Total Sales: $180,000

Cash Flow: $70,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $40,000

FFE Included: Yes

Inventory: $10,000

Inventory Included: Yes

Operation

Year Established: 1979

Days & Hours of Operation: 6 Days, 8;30AM-7PM, Sunday Closed

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 1

Absentee Owner: No

Location

Real Estate: N/A

Monthly Rent: $2,000

Type of Location: Strip Center

Square Footage: 650

Relocatable: No

Summary

Reason For Sale:

Retire For Health Issue

Training & Support:

1 week

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER