Thriving Hair Salon-Seller Financing Available

Not Disclosed, MI
Oakland County


Asking Price: Annual Revenue:
$60,000 $120,446

Services: Hair, Nails, Spas, Tanning


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RE: Thriving Hair Salon-Seller Financing Available Broker: Lisa Stephens
Owner Financing is Available!

Quick Facts

Asking Price: $60,000
Annual Revenue: $120,446
Net Profit: Not Disclosed
Cash Flow: $26,064
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 704551226
Broker Reference #: 88461-105259

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Business Overview:

This is a bustling, longstanding salon in a high traffic area, with ample parking adjacent to building. Very reasonable lease. Furniture and fixtures in very good condition, with extra chairs for growth! New owner could also grow through expanded hours. Seller wants to semi-retire, and is willing to stay on part time beyond the transition period. Seller will also sign Non-Compete. This is an exclusive Goldwell Salon, and receives free in-salon education for stylists--which is a perk for retaining employees. Very neat, tidy and inviting space for customers. Must see! Owner will consider seller financing!

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Property Features and Assets:

Longstanding business in the same location for over 35 years.

Market Competition and Expansion:

Multiple salons to compete with. Low overhead at this facility allows for flexibility to stay competitive. Potential Growth: Capacity for growth with enough chairs for added stylists. Can also grow through expanded hours. This facility has a nail station, but currently does not have a nail technician.

Reason for Selling:

Retiring

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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