Profitable Holland Michigan Barber Shop & Lounge for Sale
For Sale
Business Summary
This upscale profitable, thriving Holland Michigan Barber Shop has built a loyal client base since 2011. They offer a wide range of opportunities for growth from traditional haircuts, salons, and massages, with ample growth opportunities.
Included with the sale of the business is:
- nine hydraulic chairs.
- five mats.
- four shampoo bowls.
- a large open reception area and desk.
- a coffee station.
- a large breakroom with a washer and dryer.
- and a massage room.
The business focuses on exceeding expectations for service and atmosphere and is deeply rooted in serving the community. The business customer base is made up of traditional barbershops. They operate with integrity and respect and have assembled a staff of dedicated personnel that operate the day-to-day operations, making this a turnkey opportunity.
This business is ideal for an experienced barber shop owner looking to expand in the Holland, Michigan market.
Details:
Year Established: 2011
2022 Revenue: $109,000
2021 Revenue: $95,742
Real Estate: Long-term under market rate lease in place. The current lease rate is $1,522, including rent and utilities (utilities vary monthly).
Employees: One full-time and one stylist who rents a chair (no employee benefits)
Investment Highlights:
- Profitable with solid growth momentum.
- Prime location located within the heart of the community.
- Upscale atmosphere.
Growth Opportunities:
- Additional revenue could be realized thru expansion into services such as
- Offer more spa-type services, which the facility would accommodate.
- Focus marketing efforts on growth in traditional salon services.
- Add additional chairs for rent to cosmetologists/stylists.
- Increase marketing efforts; currently, the business markets on social media.
- Increase support for local community events.
- Add hair and nail care products for sale.
Support & Training: The owner is willing to assist with the transition.
Reason for Selling: Focusing on other opportunities.
Note: Seller shall retain certain assets, including but not limited to artwork.
Asking Price: $65,000 plus inventory. The seller is motivated and will consider all reasonable offers.