Seller's Contact Information
- RE: Hair Salon - Established & Profitable!
- Contact: Buddy Carp
Quick Facts
Asking Price: | $60,000 | |
Annual Revenue: | $438,355 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $68,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1986 | |
Employees: | 9 | |
BBN Listing #: | 74085383 | |
Broker Reference #: | 415 |
Business Overview:
Priced for Quick Sale - Owner Anxious to Retire!
Established Hair Salon in business since 1986 with lots of opportunity for growth! The business operates out of a 2,500 square foot facility in a busy shopping plaza with plenty of customer parking. The salon is very well maintained and presents extremely well. The owner has consistently updated the furniture, fixtures, and equipment including the recent installation of new flooring throughout.
The salon has 12 styling stations and only eight part-time stylists who are typically booked three to six months in advance. New owner could increase sales by hiring additional stylists. The current owner works just 15 to 20 hours per week. She does not service clients. Cash flow shown here, assumes, a full-time working owner takes over the front-end manager's responsibilities. A working stylists/owner could further increase their income by servicing their own clientele.
Please Note: All information furnished is provided by seller or based on representations of the seller or other sources. Squizzero, Carp & Associates has made no investigation of it and makes no representation or warranty as to the accuracy of the Information. All recipients are encouraged to perform due diligence and consult with independent tax, financial and legal professionals.
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Reason for Selling:
Retiring
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
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