Business For Sale

Omaha Salon – Great for Passive Income

Omaha, NE
Douglas County

Asking Price: Annual Revenue:
$59,000 $119,229

Services: Hair, Nails, Spas, Tanning

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RE: Omaha Salon – Great for Passive Income Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $59,000 20% Buyer Down Payment: $11,800 10% Seller Financing: $5,900 70% Bank Loan: $41,300 A 20% down payment would profit $40,249 after debts.

Quick Facts

Asking Price: $59,000
Annual Revenue: $119,229
Net Profit: Not Disclosed
Cash Flow: $58,532
Total Debt: Not Disclosed
FF&E: $54,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 9
BBN Listing #: 113134398
Broker Reference #: BEA016

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Business Overview:

Located in Omaha, this salon is listed for an incredible price and is run by a booth rental model. Completely outfitted for 9 stylists, spaces rent for $175/week with the seller willing to stay on and rent for a new owner. The salon has been in operation for over 40 years and has been in its current location for around 6 years. This is the perfect opportunity for an owner to become passive after filling all stations.

Ideally situated in a high traffic strip mall, the salon occupies 1,396 sq. ft. and is leased for $2,339 per month. The monthly rent also includes common area maintenance, with the salon in a coveted endcap spot.

Open from Tuesday through Saturday, the stylists are consistently booked out for over one month at any given time. As they have roughly 1,500 clients between them, walk-ins are hard to accommodate. A buyer would be able to seat more clients by fully renting.

Growth also exists in adding manicures and pedicures. A buyer could convert the salon to a commission or salary model to entice younger stylists or share product sales with stylists to encourage more retail revenue.

For only 20% down, a buyer would have a stylish, well-kept salon that is a great passive investment.

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Market Competition and Expansion:

Growth Opportunities: Add manicurists/pedicurists, rent out all booths; hire more stylists to accommodate walk-ins.

Reason for Selling:

Owner has growing family.

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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