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Profitable Beauty Salon for Sale in Oklahoma City, United States

Well-established barbershop with 28 years of industry presence and goodwill in Newcastle, Oklahoma, 100+ clients.

Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 32 %
Industries Beauty Salons
Locations  Oklahoma City
Local Time 6:45 PM America / Chicago
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 48 thousand (Native Currency: USD 48,000)
Reason: The owner is getting older as she has been standing and working behind a barber chair for 28 years a... View More
Includes physical assets worth USD 48 thousand
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Business Overview

- A well-known barbershop, has been established in Newcastle Oklahoma City for 28 years, this current outlet was opened 2 years back, and has a strong presence in the community.

- The business primarily offers haircuts and shaving services, catering to a client base of over 100 men and children.

- With an annual gross income of approximately USD 69,998 and a net income of 30 to 32%, the business has demonstrated consistent financial performance.

- The owner has a strong client base, including public servants such as police officers, firemen, and other community members, contributing to the establishment's reputation and goodwill.

- The business charges USD 20 for a standard haircut and USD 40 for a haircut with shaving.

- The business has 1 permanent employee, the owner who is also a master barber in the area, the other employees are temporary.

- The community's positive reception and loyalty to the business are evident as it is well-liked and respected in the area, as well as the fact that the owner's family has a long-standing history of operating barber shops in the town.

Products & Services Overview

Services provided include haircuts and shaving.

Clients are men and children mostly and majorly includes public servants such as police officers, firemen etc.

Assets Overview

Physical assets include 5 chaìr, 4 sinks, vacuum system, equipment, tools etc.

Facilities Overview

Operating from a rented facility located in New Castle, Oklahoma City.

Capitalization Overview

Business is self-funded.

No outstanding loans or liabilities.

There is 1 owner, holding 100% shares in the business.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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