MODERN BARBERS

3 days ago

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Summary

Cheap rent - Excellent Fit Out - Great online presence - Outstanding Location - Passive income - business - Strong business model - PRICE: $125,000 - Call Michael 0423 287 048

About the Business

This popular Barbershop has established a cult like following of loyal customers in the Outer East since 2015. The business is well known for bringing the quality and the experience of a trendy inner-city Barber to the suburbs with its complete range of services including; Hot towel cut throat shave, beard trims, premium men’s haircuts including skin fades. Customers get to sit back, unwind with a beer and have a full barbershop experience in the comfort of a well fit out shop including beer garden.

Located in a superb location in Ringwood East, the shop attracts a lot of walk in clients as well as having a large online following. The business has an outstanding reputation for its experienced barbers, quality hair products & high level of customer service within Ringwood East and the surrounding areas.

The business model is ideal as it’s currently set up as a passive income stream for the vendors, however, the business has the opportunity to grow significantly if purchased by an owner/operator as all of the hard work building the brand and reputation has been completed. If you’re looking for an easy to run business or just a passive 2ndincome stream, then this is it! Call Michael 0423 287 048

BUSINESS HIGHLIGHTS:
Cheap rent ONLY $403 p.w (NO GST applicable)
Business has shown sales growth year on year since opening
Sales of $11,500 p.m and profitable
Easy to run business model – 1 full time Manager/Barber & 3 contractor Barbers
High profile location in Ringwood East
Currently run as passive investment for vendor however
Opportunity to increase sales if it was taken over by an owner/operator
Beer garden at the rear of the shop
Secure 9 (3+3+3) year lease remaining
Strong social media following on Instagram & Facebook
Great website with direct booking access & large database of active repeat clients
Modern fit out with 4 barbers chairs/stations & 1 basin
Section 52 available following inspection

ASKING PRICE $125,000

Call Michael 0423 287 048

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