$210,000 NET Absentee-Run Barber School Academy w/ Walk-In Cut Service - Business for Sale
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Absentee-Run Barber School Academy in Phoenix, AZ
Phoenix, AZ, US
Added 4 months ago
Barber School Academy
Absentee / Semi-Absentee
Absentee-run barber school academy in Phoenix, AZ offering barber training programs and walk-in haircut services performed by students.
Key Information
Asking
$450K
Revenue
$318K
Earnings
$210K
Multiple
2.1x
Key Highlights
- Business is absentee-run with all staff and students in place
- Includes approximately $75,000 worth of furniture, fixtures, and equipment
- Lease is for 1,200 sq.ft. at $3,245 per month for 5 years with an option to renew
- School has capacity for over 150 students and currently has around 40 students
- Employs a full-time licensed instructor with a monthly salary of $5,000
- Offers $10 haircuts to walk-in clients, servicing approximately 200 walk-in clients per month
- Seller financing available: $300,000 down, $150,000 at 6.5% amortized over 10 years with a 3-year balloon
Contact Info
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