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Asking Price$145,000
Revenue$380,625 Established1997
Cash Flow$64,209 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! *PRICE REDUCED* 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 5 stylists, with room to add at least another 9. There is a receptionist and an assistant, 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 $380,625.00, with a net cash flow of approx. $64,209.00 (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 $130K in liquid funds to cover the asking price, rent security and inventory. To learn more, please call or email Mel Vaz today at 877-735-5224 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:Seller will train buyer.
Seller Financing:115,000.00 Down & $30K over 3 yrs. @ 6%
Sale Reason:Other business interest.
Ad #96395
Seller Reference #30090
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Mel Vaz
877-735-5224
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