Central Iowa Salon

Not Disclosed, IA

Asking Price: Annual Revenue:
$625,000 $526,768

Services: Hair, Nails, Spas, Tanning

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RE: Central Iowa Salon Broker: Kevin Lease

Quick Facts

Asking Price: $625,000
Annual Revenue: $526,768
Net Profit: Not Disclosed
Cash Flow: $166,459
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 19
BBN Listing #: 10664955
Broker Reference #: 5004-16666

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Business Overview:

Established business in the area for nearly 8 years. The business has an established name and strong customer base. Business has strong and longstanding employee base and product/service mix. Owner oversees the business but has managers that oversee the day-to-day operations. New owner can look to grow revenue and product/service mix and could consider additional locations.

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Property Features and Assets:

High traffic area with a heavy retail mix of businesses. Both foot and car traffic make both locations attractive. Area has plenty of parking to accommodate current customers and future growth. Assets = $210,000.

Market Competition and Expansion:

Direct and Indirect competition exists, but the business is well established with a strong following, great brand, and unique service offering. Business owner can look to grow the business through additional product/service offerings. Owner can also look to open additional locations.

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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