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- RE: Price Reduced - Profitable Hair Salon In Wichita
- Contact: Nathan Nathan Read
Quick Facts
Asking Price: | $95,000 | |
Annual Revenue: | $282,059 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $49,716 | |
Total Debt: | Not Disclosed | |
FF&E: | $44,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | Not Disclosed | |
BBN Listing #: | 417342615 | |
Broker Reference #: | 8953-553456 |
Business Overview:
A very reputable hair salon in Wichita, with an extensive history of providing incredible service while delivering high quality and up to date hair styles. The salon has always been at the forefront of hair styles and techniques throughout it's existence. The owner has regularly gone to Paris and New York to learn and teach the most up to date trends.
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Property Features and Assets:
Monthly Rent: $2,253.00 Square Units (Foot, Meter): 1,800 Lease Expiration Date: March 29, 2025, 10:00:00 PM
Market Competition and Expansion:
The current salon market is oversaturated, but that has become a positive because the salon has become synonymous with superior quality. There are great growth opportunities with the existing clients via more styling and also with sale of products. Obviously there are more potential clients that could be reached through more robust marketing techniques. Finally, other services could be offered, for example hair extensions, botox, lip fillers. and make up artists.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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