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Business For Sale

Well Located Hair Salon

Grand Rapids, MI, USA

Services: Hair, Nails, Spas, Tanning

Asking Price:
Year Established:
Employees:
Listing Number:
$110,000
2002
3 Full Time / 3 Part Time
26168714
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$145,000
Not Disclosed
$42,300
Not Disclosed

Business for Sale Overview:

This Hair Salon is located in a busy strip mall anchored by a popular restaurant and several other successful retailers, is a 2,500 square feet salon offering manicures, pedicures and massages, as well as a complete line of hair and beauty products. The stylists play host to an impressive client base of well over 700, all the while maintaining an immaculate facility. The owner purchased the salon in 2002, ($32,500 of New fixtures and equipment are in addition to the original build-out), and would like to remain as a stylist, but wishes to sell, leaving the new owner to run the business, as she has plans to start a family and help her husband with his newly developing business. Sales have averaged $145,000 over 2006/07, with a cash flow of $42,300. At a very reasonable asking price of $110,000, including the equipment and inventory, (or just over 2.5 X cash flow), a new owner can transparently step in and continue to build on this very successful concept.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

500 square feet building.

Reason for Selling:

Pursue Other Interests

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Well Located Hair Salon
Business Listed By:
Kathy McKee
Sunbelt Business Advisors - MI
contact the seller
Due Diligence Checklist and Guide
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