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Business For Sale
UPSCALE HAIR SALON
Attn:
Sunshine/Marshall
Henderson/Las Vegas area, NV, USA
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Listing Number: "324132"
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Listing
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Asking Price: |
$135,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Family issues out of state. |
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# of Employees:
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9 |
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Yearly Net Profit:
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$52,632 |
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Yearly Gross Income:
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$161,094 |
Business for Sale Overview:
This Upscale hair and nail salon has a fashion boutique and professional hair care center all conveniently located in the same space. This spacious 2,500 square feet salon has a fantastic lay out with 16 hair stations, 2 nail stations, a break room, laundry room, office space, and a relaxing shampoo room. in. Since the new owners took the space over in June of 2007 they have increased the number of stylists from 3 to 9 and increased the net profit by more than 200%. The financial income figures are a projection of this years current income. The Salon is well promoted and advertised through their website various direct mailing campaigns, yellow book, magazine listings and a range of other media. The 8 full time stylists rent for $275 a week and the nail tech rents for $150 a week and have 2 part time receptionists. These owners have created an exceptional reputation for quality and customer service in just a short amount of time, but they have family commitments that are needed out of state so they are looking for a buyer who would like to continue their efforts in creating a truly successful salon.
Property Features and Assets:
2,500 square feet. The rent including CAM is $6,065.45. Lease to June 2009 with 1-5 year option. Open Tues - Sat.
Included in the sale is:
Furniture, Fixtures & Equipment: $50,000.
Inventory: $5,000 (included in price).
Market Competition and Expansion:
Minimal competition in the area. Additional services can be added.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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