I have listed a new property at 901C Heritage DRIVE SW in Calgary.
A Barber Shop which has been in this spot since 1967 with present owner for past six years. This is a single chair operation at the present time but the owner would like to sell with the provision that he can rent a chair for $600 a month and be able to keep his own clients. The new owner would take a second chair or rent the chair to another barber. The present owner plans to retire within two years. Phone number and present phone stays with the present owner. All the remainder of the equipment and assets will be transferred to the new owner.
Gross Revenue averages 75,000.annually
Rent is 782 a month = 9384 annually
Utilities 218 monthly = 2616 annually
Net = 63000