Business Overview:
4-year owner is retiring with family obligations taking too much time for the bustle of such a thriving shop. Already priced to sell with existing $ 105,976 in annual profit and 369,438 in gross revenue. Many Yelp, Google and other platforms reviews and near perfect 5 Stars says it all, moderate pricing and appointments straight from Website and other avenues. Close to $200,000 in recent tenant improvements and FFEs resulted in a Showcase Venue.
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Property Features and Assets:
This is a leased location of 1,200 +/- square feet with a Total Rent of $ 2,841. Lease ends 01/31/2023. Seller is active in the business with 3 Full Time employees. Hours of operation are 9 AM to 6 PM, Tuesday -Saturday. $8,000 in Inventory and $75,825 in FF&E included in Asking Price. $53,961 made in Leasehold Improvements.
Market Competition and Expansion:
This salon is without a doubt one of the finest salons in Buckhead. If you are in the market for a salon you must see this one!
Reason for Selling:
Personal reasons.
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.
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