Chair Rental Salon and Studios

Not Disclosed, MI
Oakland County


Asking Price: Annual Revenue:
$125,000 $124,351

Services: Hair, Nails, Spas, Tanning


Request More Information
Contact the Seller

RE: Chair Rental Salon and Studios Broker: Inquiry
Owner Financing is Available!
Seller financing available with $60,000 down payment.

Quick Facts

Asking Price: $125,000
Annual Revenue: $124,351
Net Profit: Not Disclosed
Cash Flow: $65,221
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 26992679
Broker Reference #: B2616

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This is an excellent opportunity to own a unique and beautiful chair rental salon studio in suburban Oakland County. It is in a beautiful office building in a high traffic area. It is fully equipped and is a turnkey operation. The salon has more than 12 suites, 2 lobbies and a kitchen. Services provided include hair services including color and weaves, manicures, make-up but can accommodate any type of stylist. The suites are rented to stylists with a 6 or 12-month lease in place. 2019 annual rental income was $124,351 and cash-flow was $65,221 to the absentee owner. Currently all booths are rented with a lease in place. The decor and equipment are in excellent condition. The common area of the salon has 8 dryers and 5 shampoo bowls for the stylists to use.

This is an owner absentee business without labor cost. The major costs are rent of $2,900 per month gross for the whole unit, internet, utility, supplies (paper, towel, tissue etc.) and cleaning service. Stylists do their own scheduling and cashing out of their clients.

The Salon has great growth potential. An owner/operator could conduct their own services from their book of business. The rent of the suites can be increased through adding more equipment/furnishings. More profit can be generated through selling cosmetics and boutique items in the lobby/common area. Do not miss out on this amazing opportunity to own your own chair rental studio with passive income.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Relocation

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!