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Quick Facts
Asking Price: | $45,000 | |
Annual Revenue: | $218,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $25,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | 12 | |
BBN Listing #: | 816349765 | |
Broker Reference #: | 77441-272907 |
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Business Overview:
This turn-key hair salon has been in operation for 15 years. It's located in a high traffic commercial strip center with several other businesses including big chain shopping center. There are currently 11 PT employees, 1 Shampoo Girl and 1 receptionist. Owner also runs other business and currently can't spend time at this location. Very big space with room to add more services, including private rooms. Huge parking lot and visibility off main roads and 495 beltway. Long tenured stylists. Great opportunity to bring in your salon concept or keep with just a small facelift and newer equipment. Priced for less than it would take to build-out your own space. Contact me for more details.
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Property Features and Assets:
Monthly Rent: $4,400.00 Square Units (Foot, Meter): 2,100 Terms Options: with option to renew FF&E General Condition: Fair, working condition
Market Competition and Expansion:
Growing area with new residential development coming in and other commercial anchor stores
Reason for Selling:
Other business interests.
Additional Details:
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