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Quick Facts
Asking Price: | $80,000 | |
Annual Revenue: | $350,000 | |
Net Profit: | $35,000 | |
Cash Flow: | $40,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 6 | |
BBN Listing #: | 317130182 | |
Broker Reference #: | 051920231 |
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Business Overview:
This well established salon has a loyal clientele and long term stylists. The owner oversees the management of the salon which can occupy up to 10 hours a week. They are located in a prime upscale area in a Publix shopping center. After almost 20 years of ownership, 8 years at this prime location the owner and her family are moving. We are asking $80,000 plus about $6,000 in inventory. The owner's discretionary earnings for 10 hours a week are about $40,000 plus in 2022.
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Property Features and Assets:
This well established salon has a loyal clientele and long term stylists. The owner oversees the management of the salon which can occupy up to 10 hours a week. They are located in a prime upscale area in a Publix shopping center. After almost 20 years of ownership, 8 years at this prime location the owner and her family are moving. We are asking $80,000 plus about $6,000 in inventory. The owner's discretionary earnings for 10 hours a week are about $40,000 plus in 2022.
Market Competition and Expansion:
This well established salon has a loyal clientele and long term stylists. The owner oversees the management of the salon which can occupy up to 10 hours a week. They are located in a prime upscale area in a Publix shopping center. After almost 20 years of ownership, 8 years at this prime location the owner and her family are moving. We are asking $80,000 plus about $6,000 in inventory. The owner's discretionary earnings for 10 hours a week are about $40,000 plus in 2022.
Reason for Selling:
moving
Additional Details:
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