Maryland Barbershop for Sale

This family-owned barbershop has operated at the same Prince George’s County location for 30 years. The owner’s retirement gives a buyer the opportunity to take over an established shop with eight occupied chairs and four available in its 2,100-square-foot space.

About the business

This family-owned barbershop has operated at the same Prince George’s County location for 30
years. The owner’s retirement gives a buyer the opportunity to take over an established shop with
eight occupied chairs and four available in its 2,100-square-foot space.
Annual revenue is approximately $700,000, with approximately $110,000 in seller’s discretionary
earnings (SDE).

From everyday cuts to special occasions

The shop specializes in haircuts of all types, hair coloring, waxing, and styling for every occasion.
Clients can come in for a routine trim, a fresh color, or a style for a big day.

Staff and transition

The seller inherited the business from their father and holds 100% ownership. Longtime staff
members have worked at the shop for 20 years, and the owner’s daughter plans to stay after the
sale. The owner reports that employees are paid on a 65% split and that the daughter earns $2,000
per week. The shop typically recruits through barber schools and its staff network.

Lease and operating costs

The lease has approximately one year remaining at a monthly rent of $10,880. Reported monthly
utilities run $500 to $700, with a separate water bill of $80 to $120 per month. Buyers should
confirm lease assignment and renewal terms with the landlord.

Growth through new profit centers

The primary growth opportunity is to add one or two complementary profit centers, each with the
potential to generate $30,000 to $40,000. The four open chairs also give a buyer room to recruit
more barbers. Adding card payments could give customers more ways to pay.
Contact Beltway Business Brokerage to inquire about the sale and request operating and lease
details.