Salon In Annapolis - Good One!
Not Disclosed, MD Anne Arundel County
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- RE: Salon In Annapolis - Good One!
- Contact: Michael McNamara
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $700,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $170,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $220,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1988 | |
| Employees: | 10 | |
| BBN Listing #: | 1011612 | |
| Broker Reference #: | 090122-589387 |
Business Overview:
In business at this prime location for almost 40 years! Seller was fortunate to get in at the ground floor with a good location, good landlord with favorable rent terms, surrounded by high-end clients, little competition, ample parking, and attractive neighboring businesses. 10 seasoned employees all happy to work for pay every day. Sometimes 11 if it’s busy. That includes 2 shampoo/receptionists that are hourly and the rest are stylists paid on commission.Rent is $4,600 including cam. 1,600 SF space with upscale and modern build-out. New, long-term, lease available for qualified tenants. Owner does some styling and the rest admin. Easing into retirement working only 20 hours per week these days.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Owner retiring. Kindly ask the seller for more information.
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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