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- RE: Merle Norman Salon Suits Under Performing
- Contact: Trent Lee
- License #: S.0183611.LLC
Quick Facts
Asking Price: | $90,000 | |
Annual Revenue: | $108,098 | |
Net Profit: | $9,023 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 1 | |
BBN Listing #: | 944731 | |
Broker Reference #: | 101-23157 |
Business Overview:
This salon suite has 6 rooms that can rent for $120 a week, 2 large rooms with sink that can rent for $220 and 1 hair station for $120. Currently, only 1 room is rented. Ideal buyer would need to fill the stations and get the suites fully rented out. In addition to the rental income, the business currently makes between $6,000 to $9,000 a month in product sale and only 1 station is rented. Seller feels that will 4x easily once the stations are fully rented. Once fully rented, it will bring in $5,120 per month in rental income and more than $25,000 per month in product sales using the Merle Norman Cosmetics name and brand. For further details, including a confidential opportunity summary with photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) using reply to this ad button.
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Property Features and Assets:
This is a leased location of 2,200 square feet with a Total monthly rent of $3,200. Lease ends 12/2025 with One 5-year options. Seller is active with 1 PT employee. Hours of operation are 10am – 6pm Tuesday to Saturday. $35,000 in inventory and $75,000 in FF&E included in the asking Price. $125,000 made in leasehold improvements.
Reason for Selling:
Seller can't operate the business
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Nevada businesses for sale
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- Find a business broker
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