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Asking Price$219,000
Revenue$468,000 Established1997
Cash Flow$81,134 Employees4 full, 3 part
FF&E$80,000 FranchiseNo
Inventory$9,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Full Service Salon in PRIME LOCATION with great parking! This is a highly regarded salon on a main street in an affluent North Shore town. They have been established for over 20 years. THE CURRENT OWNERS ARE NOT STYLISTS. A BUYER DOES NOT NEED PREVIOUS EXPERIENCE. This location is fully staffed with upside. They have a spacious 2,200 sq.ft. space (with basement), 14 hair stations and 5 sinks. They currently have 10 stylists, with room to add at least another 4. There is a receptionist and 2 assistants, as well. The current owners only come in 10-12 hrs/week to keep supplies stocked, pay bills, etc. They bought this store with the intention to build it up, sell it, and move onto their next project. Sales have been on an upward trend since they took over. Recent annual sales were $468,000.00, with a net cash flow of approx. $81K (FOR VERY PART-TIME OWNERS). This location is ideal for an owner/stylist, family, or partners. They typical issue with a salon sale is maintaining the clientele if an owner is the stylist. YOU DO NOT HAVE THAT PROBLEM HERE! There is also upside in the addition of extensions, nails, make-up, esthetician, etc. We are seeking a serious and financially qualified buyer with at least $195K in liquid funds to cover the asking price, rent security and inventory. To learn more, Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:Seller will train buyer.
Seller Financing:179,000.00 Down & $40K over 3 yrs. @ 6%.
Sale Reason:Other business interest.
Ad #96395
Seller Reference #30090
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Mel Vaz
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