| Asking Price |
$49,500 | Inventory |
$1,000* |
|---|---|---|---|
| Gross Income |
$91,653 | Real Estate |
|
| Cash Flow |
$14,842 | Year Established | 1999 |
| FF&E |
$35,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
Business is a spacious, attractive hair salon in an upscale New Haven County strip mall location. Facility has four hair styling chairs, two drying chairs and three sinks plus a new skin care room for facials and message therapy. Rent is $1,050 per month and expires on 12/31/09 with a five year renewal option. Strip mall has ample parking. This salon will be an interesting opportunity for a person with a following of her own and up to three associate stylists to join her plus a separate person to do facials and/ message therapy. Typical pricing is $35 for haircut + blow dry, $90 for color & cut, $25 for women's cut, $17 for men's cut, $25 for blow dry, $85 for 1/2 foil and $50 for up do's. Sales per tax return are $91,600 for 2008. Cash flow is positive.
Facilities: Business is a spacious salon with 1,320 sq. ft. and contains four styling chairs, two dryer chairs and three sinks. Store also contains a skin care room. It is located in a strip mall with ample parking.
Competition: Competition always exists in this field and this business is in a very strong market.
Growth/Expansion: Start up of existing skin care room is one way to add business.
Support/Training: Stylists require hairdresser licenses.
Reason Selling: Owner is selling becaue she feels she has owned it long enough.

Bob Capozzi
203-878-0554
VR Business Brokers/Venture Group Partners
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