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Hair Salon - Great Decor, Well established, Very Profitable

Greater Manchester, NH, New Hampshire (Hillsborough County)

Services - Beauty & Barber Shops | Services - Other Personal Services

$Seller Financing Available

Asking Price $119,000 Inventory $4,000** 
Gross Income $350,000 Real Estate  
Cash Flow $75,000 Year Established 2001
FF&E $70,000* Employees 6

* included in the asking price

** not included in the asking price

This well established award-wining, Hair Salon is very conveniently located in Greater Manchester, NH making it easy for its customers, many of whom are area professionals, to patronize. The salon has a modern and attractive appearance. The current owner established the business in 2001 and has been very successful, experiencing sales increases year after year from 2001 to 2008. The salon has an excellent reputation for great customer service and creative hair design. The salon is fully-equipped including 10 hair cutting chairs, 4 shampoo chairs, 3 computerized Climazons and all the equipment to operate an efficient, high volume hair salon. This is a total turnkey opportunity that has been consistently generating positive cash flow. It is very reasonably priced and the seller is offering some financing for a qualified buyer. Definite must see!

Facilities: The business leases approximately 2200 sq. ft. on street-level. Seller is paying $3000 per month including property taxes. Current lease term runs until fall 2010 with an option to renew for another 5 years.

Competition: Conveniently located salon, loyal customers, great reputation.

Growth/Expansion: May be achieved by increasing staff; through additional marketing; expanding hours/days of operation.

Seller Financing Available: Yes

Financing: With $75,000 down payment, Seller will finance balance, Term Negotiable

Support/Training: Seller will provide 2 weeks of training included in the sale immediately after closing. Seller is willing to stay on part time for a limited period of time; negotiable.

Reason Selling: Relocating out of the area

Business For Sale By

John Coto

603-880-8200

Alliance Business Brokers, LLC

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Contact the seller about this Hair Salon - Great Decor, Well established, Very Profitable

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