Style and Educate: Unique Combo Business on Sale!

Cypress, TX
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Asking Price:$235,000
Gross Revenue:$169,780
Rent:$3,500/Month
Cash Flow:$93,519
Inventory:$5,000
FF&E:$75,000
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-819189

This beautiful Barber Shop and Barber School is in a great location with low rent of $3500/ month occupying a 1540 square foot space. The Barber shop has been successfully operating for 15 years with the Barber School added in 2023. Their service is exceptional with highest of standards, work ethic and cleanliness. There are many long-term clients as well as daily walk-ins. This unique business offers cuts, shaves, facials, steam treatments, braids, locs, shampoos and barber classes. The business has a strong social media presence and great google reviews with 4.4 stars. The business has a talented team of eight long-term independent barbers who rents their space.
Currently the owner takes home over 93K in SDE with the Barber school added in 2023. The business’ 2023 gross was approx. $170k in revenues.
This is a great opportunity to expand and continue to grow the Barber School business.


DETAILED INFORMATION
Location
Cypress, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,540
Lease Expiration
30/03/2027
Employees
2009
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Five Years Facilities: Commercial Strip Center
Competition
This business does not have employees as the Barbers rent their booths and manage their own clientele and ensures their area is kept clean and work as a team with the other Barbers.
Growth & Expansion
Increase number of booths available to rent Increase marketing for Barber School Increase tuition for Barber School
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retire
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Wayne
Blease
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Wayne Blease