1565 Route22 Union, NJ 07083

Property Details for 1565 Route22

Property type

Investment properties

Description

This exceptional, bank-themed barbershop is available for purchase. Located on Route 22 in Union, NJ, this high-traffic area sees 80,000 cars daily, ensuring a constant flow of potential customers. The 1400 square foot space boasts eight barber stations with eight chairs, with ample room for expansion up to twenty stations, as permitted by the NJ Consumer Affairs. The business operates six days a week and benefits from an automated booking system and a substantial existing clientele. Amenities include a laundry room with washer and dryer, a storage room, two shampoo sinks, a recently installed HVAC system, and new plumbing. Ample parking is available on-site, along with a backyard area. The property is fully compliant with all codes and regulations, making this a truly turnkey operation. Surrounded by a mix of commercial and residential properties, this barbershop enjoys a prime location. The current rent is $2,000 per month with a long-term lease available. The owner is retiring, creating this unique opportunity. The seller is highly motivated and the current head operator is available to assist with a smooth transition. The sale includes a triple net lease. Build-out costs were approximately $100,000. Financial details will be provided upon completion of a property inspection and meeting with the owner.