Business For Sale

Booth Rental Salon with Nice Buildout

Omaha, NE
Douglas County

Asking Price: Annual Revenue:
$55,000 $68,125

Services: Hair, Nails, Spas, Tanning

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RE: Booth Rental Salon with Nice Buildout Broker: Cortney Sells
Owner Financing is Available!

Quick Facts

Asking Price: $55,000
Annual Revenue: $68,125
Net Profit: Not Disclosed
Cash Flow: $34,602
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; currently at 7 filled spots, 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 over 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 25% down, a buyer would have a stylish, well-kept salon that is a great passive investment.

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Property Features and Assets:

Equipment: $54,000 – includes equipment and furniture for 9 stations, towels, washer & dryer Intangible Assets: Decades’ old reputation, loyal clientele, name recognition Inventory: $2,000 in products *amounts may vary

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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