Hair Salon "Must See"

Grosse Pointe, MI (Wayne County)

Hair Salon

Asking Price:$110,000

Cash Flow:$74,000

Gross Revenue:$329,000

EBITDA:N/A

FF&E:N/A

Inventory:$10,000*

Established:1953

*not included in asking price.

Hair Salon "Must See"

Get Financing Save Print Share Valuation Report

Business Description

Here is a very nice hair salon that has been in the same family since 1953, 8 years in current location and owner is ready to retire. Approximately $10,000.00 in inventory with Growth Sales of $329,000.00+ in 2014. This salon is located in a high income neighborhood north of Detroit. Professional facility with area for messages and other services on a corner of a main street with parking in front and rear of building. Currently 5 full time stylist and 2 part time employees. The owner’s wife will stay on as a stylist and he will offer training and support in transition of the business. The building is owned and can be leased for a reasonable price from the current salon ownership. Looking for a salon with good location, steady clients and room to grow, please contact Mike at 517-230-1281 or MLimbers@Tworld.com

Detailed Information

Inventory:
Not included in asking price
Support & Training:
2 weeks
Reason for Selling:
retiring

Listing Statistics for Premium Members

Ad#:1217655 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn how to use your 401k or IRA to fund a business - save 40% in fees. Business Funding Trust
Contact Seller Loading

Steve Tomba

Business Listed By:
Steve Tomba

TRANSWORLD BUSINESS ADVISORS

Show Phone Number

View My Listings


Sponsoring Broker:
Mike Limbers

Find out more...

Get more details about this business.


Similar Listings


BodyBrite USA

Franchise Opportunity In MI
Capital Required: $144,233