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Asking Price$299,000
Revenue$518,800 Established2001
Cash Flow$155,741 Employees8 full, 3 part
FF&E$50,000 FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This beautiful, high volume, newly renovated hair salon has 12 stations, 5 hooded dryers, 1 wash station, 3 sinks, and a washer/dryer. Renovations include new a/c, ductwork, carpet, and hot water heater. Owner rents space for manicures & pedicures for $500 a month. Owner would love to stay and continue working. Business has shown steady growth in 2005 to 2006. This business will continue to grow as other renovations are completed and with the arrival of new condos built across the street in 2008. If you are looking for a hair salon that is already established with a tremendous client list and shows signs of growth, this is the place for you. Call Today.
Training/Support:the seller will train the new buyer.
Seller Financing:$124,000.00 Down and $175,000.00 @ 8.5% over 5 years
Sale Reason:owner wants to step down; he wants to continue working but not at an owner's capacity
Ad #74157
Seller Reference #7223
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