Established Barbershop in Shaker Heights, OH - $225K - $97K Cash Flow & 60-Year Legacy
Executive Overview
Key Investment Highlights
- •Prime location in Shaker Heights with median household income of $92,000
- •Strategically positioned near upcoming Van Aken District development
- •Established clientele with comprehensive MailChimp contact database
- •Strong multi-platform social media presence
- •Transferrable 7-year lease beginning May 2024
Sgro's Barbershop has been a beloved community institution since 1964, serving generations of loyal customers with exceptional grooming services. The business benefits from recent strategic improvements, including new ceiling lighting, modern flooring, and a state-of-the-art 2024 HVAC system. The additional 986 sq. ft. storage basement offers exciting potential for future expansion or alternative revenue streams.
With 360 new apartments planned in the Van Aken District and ongoing neighborhood development, this barbershop is positioned for significant growth. The business comes fully equipped with modern amenities including a comprehensive security system, central vacuum system, and optional owner transition support. This is an ideal opportunity for an entrepreneurial owner looking to acquire a turnkey business with proven profitability and substantial future potential.