Business Overview:
A very modern premium service salon that caters to all ages in a very nice and friendly atmosphere. Strategically located in very busy part of N.W. which is close to everything! Hours of operation are Tue-Fri 9am-7pm, Mon & Sat 9am-5pm, Sunday: closed. Owner has 3 allocated parking spaces @ $215 per month. Owner spared no expense to make the salon as appealing & chic as possible. He spent over $100,000 last year in renovations. Owner works in the salon and will happily work for new owner if need be. Owner has working for him: 3 receptionists, 2 assistants, and 1 stylist, so monthly payroll is: $14,320. In addition, he has 15 independent contractors working for him full time and they rent chairs at $425 per week. Don't miss this very nice opportunity to own a well established & very successful business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
A state of the art salon that is well furnished. It is approximately 3,500 square feet. Rent: $8,500 per month and current lease expires in Dec. 2010. The landlord will happily provide a lot longer lease for new tenant (buyer!).
Market Competition and Expansion:
Prime location in down town area that is constantly busy!
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.