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The Wall Street Journal Online

Hair Salon $59,000. Revenue $297,000. Profit $38,000.Owner moving

Decatur, Georgia (Dekalb County)

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Seller Financing Available

Photo Available
Asking Price:
$59,000
Gross Income:
$297,000
Cash Flow:
$38,000
EBITDA:
$38,000
FF&E:
$17,000.00 *
Inventory:
$3,000.00 *
Real Estate:
N/A
Year Established:
2002
Employees:
9
Business Types:
Beauty Salons, Barber Shops
Other Personal Services

* included in the asking price

Business Description

This franchise salon is one of the top in the system. Revenue is up in 2011 vs 2010. The owner is not a stylist. She takes home close to $40,000 a year. The salon specializes in African American hair. 2012 is another steady year.

Detailed Information

Facilities:
1400 SF salon in Decatur
Competition:
Typical
Growth/Expansion:
They have established a great brand and reputation in 9 years.
Financing:
maybe
Support/Training:
As needed
Reason Selling:
Husband and partner passed away
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Broker Information

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Business For Sale Listed By

Matt Wochele
Preferred Business Brokers, Inc.

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