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Established, Highly Profitable Retail Barbershop (Prime Shopping Centre) For Sale

Nova Scotia, Canada
Asking Price:
$899,000 (CAD) Inventory / Stock included
Sales Revenue:
$500,000 (CAD)
Cash Flow:
$230,000 (CAD)

Business Overview:

An exceptional opportunity to acquire one of the most established and recognizable men’s barbershops in the Hub of Nova Scotia. Located in a prime shopping centre and the busiest retail destination in the surrounding region, this business has built an outstanding reputation for quality service, convenience, and consistent walk-in customer traffic.

This is not your typical owner-operated barbershop. The business operates successfully without the owner cutting hair and requires only a few hours of oversight each week. With experienced commission-based barbers, proven systems, and exceptional cash flow, this business is well suited for an entrepreneur, investor, or industry professional looking to acquire a highly profitable operation.

The business has operated continuously from the same location for approximately seven years and has experienced consistent year-over-year growth under the current ownership.

Highlights:

  • Adjusted Owner Cash Flow (Normalized): approximately CA$200,000–225,000 annually
  • Projected annual gross revenue of approximately CA$500,000 (including HST)
  • Semi-absentee ownership structure
  • Prime location in the busiest shopping centre in the Hub of Nova Scotia
  • Walk-in only business benefiting from exceptional daily customer traffic
  • Well-established and recognizable brand
  • No franchise fees or royalty payments
  • Licensed use of the established business name
  • Four fully equipped barber stations with the ability to expand to six
  • Experienced commission-based barber team
  • Strong reputation and loyal customer base
  • Low operating overhead
  • Excellent relationship with shopping centre management
  • Significant opportunity for continued growth

The business has demonstrated consistent growth under current ownership:

  • Approximately CA$400,000 in annual sales at acquisition
  • Approximately CA$440,000 in the following year
  • Currently on pace for approximately CA$500,000

The Adjusted Owner Cash Flow reflects normalized business performance after accounting for owner-specific expenses and other legitimate add-backs that would not necessarily continue under new ownership.

A detailed financial package, including historical financial statements, revenue reports, expense details, and normalized earnings calculations, will be provided to qualified buyers following execution of a confidentiality agreement.

Growth Opportunities:

Despite its strong financial performance, this business offers significant additional upside.

Potential growth opportunities include:

  • Expanding from four barber stations to six.
  • Increasing barber coverage during peak demand periods.
  • Extending operating hours.
  • Expanding retail product sales.
  • Introducing additional premium grooming services.
  • Further developing marketing and social media initiatives.

Why This Business Stands Out:

Businesses combining strong profitability, minimal owner involvement, and a premier retail location are rarely available.

The walk-in model benefits from consistent customer traffic generated by one of the busiest shopping centres in the region, while the established brand, experienced team, and proven operating model allow the business to perform without reliance on the owner’s personal labour.

With CA$200,000–225,000 in Adjusted Owner Cash Flow (Normalized) and continued revenue growth, this represents an exceptional opportunity to acquire a proven, profitable operation with meaningful future expansion potential.

Ideal Buyer:

This opportunity is ideal for:

  • An entrepreneur seeking a strong cash-flow business.
  • A barber looking to transition into ownership.
  • An existing salon or barbershop operator seeking expansion.
  • An investor seeking a business with limited day-to-day owner involvement.

Sale Includes:

  • Business goodwill.
  • Licensed use of the established business name.
  • Furniture, fixtures, equipment, and leasehold improvements.
  • Established customer base.
  • Existing digital assets and social media presence.
  • Supplier relationships.
  • Operating procedures and systems.
  • Transition assistance from the current owner.

Confidentiality:

To protect employees, customers, and ongoing operations, interested buyers will be required to sign a confidentiality agreement before receiving the business name, exact location, financial statements, and additional due diligence materials.

Property Information

Real Estate:

Lease

Lease Terms:

There is four years left on the lease with the option to renew. Rent information is available upon the signing of a non-disclosure agreement.

Location:

Very busy, high foot traffic shopping mall in the hub of Nova Scotia

Business Operation

Competition / Market:

This location benefits from an exclusivity agreement with the Mall management so that competition is never an issue which is part of the massive upside.

Reasons for selling:

My only reason for selling is because I’ve gotten into real estate development and need to focus all of my resources and assets in that area.

Trading hours:

Monday-Friday 9:30am-7:00pm
Saturday 9:30am-6:00pm
Sunday 12:00am-5:00pm

Employees:
5
Years established:
7

Other Information

Support & training:

I can help train a new owner and show them how all the processes and systems work so they can run it exactly like I do to make the transition seamless.

Inventory / Stock value:
$12,000 (CAD) - included in the asking price