Own a Chain of Four Established Barbershops in El Paso, TX
Asking Price: | $80,000 |
Established Year: | 2007 |
Exclusive Opportunity: Own a Chain of Four Established Barbershops in El Paso, TX for Just $80,000
Attention Austin Investors and Entrepreneurs!
We are pleased to present an unparalleled investment opportunity to acquire Cool Joe Cuts, a well-established chain of four barbershops located in the thriving city of El Paso, Texas. Priced at an exceptional value of $80,000 for all four locations—that's merely $20,000 per shop—this offer is ideal for those looking to expand their portfolio or enter the booming men's grooming industry.
About Cool Joe Cuts:
- Established Brand: Operating since 2007, Cool Joe Cuts has built a strong reputation specializing in men's and boys' haircuts, becoming a trusted name in the community.
- Prime Locations: Each barbershop occupies approximately 1,200 square feet in high-visibility areas adjacent to popular establishments like Little Caesars Pizza and Wing Daddy’s, ensuring steady foot traffic.
- Fully Equipped: All locations are turnkey, complete with modern barber chairs, stylist stations, and all necessary tools for immediate operation.
- Skilled Team: A dedicated staff of 15 employees, including 3 managers and 12 stylists, are prepared to continue under new ownership, providing continuity and expertise.
Why This Opportunity Stands Out:
- Unmatched Value: Acquire four operational barbershops for the price of one, a rare find in today's market.
- Growth Potential: While the business is currently not profitable, it offers significant upside for a visionary owner to revitalize operations, implement effective marketing strategies, and capitalize on the growing demand in the men's grooming sector.
- Strategic Expansion for Austin Investors: El Paso's growing economy and demographic diversity present an excellent opportunity for Austin-based investors to expand their reach and tap into a new market with minimal upfront costs.
- Turnkey Operation: With all assets included and an experienced team in place, you can focus on business development from day one.
- Owner Support: The current owner is committed to ensuring a smooth transition and will provide up to one month of comprehensive training.
Financial Details:
- Lease Terms: All shops are leased, with monthly rents ranging from $2,325 to $3,875, offering favorable terms for continued operation.
- Reason for Sale: The owner is retiring, making this an opportune time for new leadership to take over.
Next Steps:
This business is still operational. To respect the owner's wishes, please refrain from discussing the sale with staff. We are happy to arrange a private tour and provide additional information upon request.
Disclaimer: This sale includes the business and its assets only; real estate is not included. Lease agreements are transferable pending landlord approval. All information provided is confidential and intended for qualified buyers.