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Business For Sale
BEAUTY SALON
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Asking Price: |
$55,000
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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Owner's relocation. |
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Year Established:
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2003 |
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Yearly Revenues:
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$97,375 |
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Yearly Cash Flow:
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$$13,183- $27,500 |
Business for Sale Overview:
This salon suite business will be appealing to both the individual entrepreneur looking for a business opportunity without the hassle of employees and the beauty professional who may prefer the traditional salon setting. Currently set up as 16 individual suites (with the potential for 21 individual stations) designed for individual suite leases could be easily transformed into a traditional salon setting or mix it up and do both! Located in fast growing West Omaha - many conveniences!
Property Features and Assets:
The current space is 3,000 square feet in a busy strip mall divided into 16 custom suites. Each suite is outfitted with a shampoo bowl and chair separate from the complete styling station. Currently tenants are able to customize the suite to their taste. The common area is in excellent condition with our attention to cleanliness and up keep. The entry invites you in with hand cut custom tiles, columns and a hand forged iron and granite table. Security set up for continuous 24 hour monitoring. Cable hook up available to each suite.
Market Competition and Expansion:
The physical layout allows you to utilize a variety of business relationships. Either choosing to maintain a tenant/landlord relationship or transform into a full service salon with employees and retail business without changing locations or remodeling. This business has great growth potential in this busy location. With no debt, it is currently cash flow positive with just over 50% occupancy. Cleaning and management duties are currently contracted. New owners may have different options and abilities to cover these services to improve cash flow.
Additional Details:
- The property is leased.
- The owner may be 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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