Sell a Business!
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Michigan Business For Sale |
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| FULL SERVICE HAIR/SKIN/NAIL SALON |
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| Attn: Tanya Popov |
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| Oakland County, MI, USA |
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| Asking Price: |
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$129,900 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hair, Nails, Spas, Tanning |
| Reason for Selling: |
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Other business Opportunities |
| Year Established: |
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2002 |
| # of Employees: |
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10 part time |
| Yearly Revenues: |
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$395,155 |
| Yearly Cash Flow: |
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$106,013 |
| Yearly Gross Income: |
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$395,155 |
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Business for Sale Overview:
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This upscale hair salon was established in 2002 by its current owners, and in 5 years has grown tremendously despite the economy. Named one of the best hair salons in 2006. It appeared in different newspapers throughout Metro Detroit area. Perfect place to get pampered! Located on a busy street with high end subdivisions and office parks nearby. Both owners might be interested in staying on as employees, thus continuing to bring in revenue and retaining clientele.
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Property Features and Assets:
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The salon is located in a strip mall of a growing area in Oakland County. It has almost 2,000 square feet of well utilized space with unique build out. Some of the salon features include 10 custom made stations, separate massage/facial room with its own sink, 2 semi-private manicure/pedicure stations, make-up station, two bathrooms and office.
The total assets are valued at $79,280. The lease is $3,610 per month.
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Market Competition and Expansion:
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Surrounding area growth will bring more walk-ins in the near future. Additional hair stylists could be added. If sellers are kept as part of the team, new owner can take advantage of their extensive knowledge in the industry and marketing. This salon is one of the very few upscale full service salons catering to men, women and children. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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