The Social Barber Shop

Business Opportunity for Sale
Catylist Listing ID: 30477309
Property Subtypes: Hair and Beauty
Building Size (RSF): See Agent
Sale Price: $30,000
In Opportunity Zone? Yes
Name of Establishment: The Social Barber Shop
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller
Last Updated: 8/28/2019

Overview / Comments

A unique barber shop with a classic look. This site has been a barbershop since the Mid-50's. A great buy! Price is for a fully-equipped four chair shop. Ample on-site parking, great high visibility curve. Located in a high traffic area and suitable for walk-ins.
Four chairs in this squeaky-clean shop.

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Industry Segment: Beauty Salons and Barber Shops
Reason for Selling: Has other business opportunities.
Value of Inventory Included ($): $30,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The rent is $775. Tenant pays separate utilities, gas, heat, cable and electric.
Employee/Labor Description: The barbershop is run by the owner/operator. He does not have any other employees. A great location to rent out three of four chairs. Weekly upside potential is outstanding.
Competition/Market Description: What a great history this shop has. It is the oldest, continuously running business in this square. Located in a well-known business community in Knightsville. Shop was established in the late forties. No real competition in the area.
Growth/Expansion Opportunities: A long-established classic shop that has been at the same location for three generations. This is a great way to launch a long and successful operation for the new owner.
Seller Financing Description: Cash to seller

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,075 165,382 364,828
Median Age: 42.44 35.35 36.08
Households: 7,369 60,426 138,153

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