Services - Beauty & Barber Shops | Retail - Miscellaneous Retail

Asking Price	$75,000	Inventory	$6,900*
Gross Income	$42,142	Real Estate
Cash Flow	$14,471	Year Established	2006
FF&E	$49,685*	Employees	8

* included in the asking price

** not included in the asking price

This is a Meridian based hair and nail salon and has been in business for 3 years. They have a very loyal and dedicated customer base and are recognized as one of the leading cut and color specialist in Meridian as well as the surrounding area. The salon environment is relaxed and pleasant with an upscale feel. Seven stylists and one nail tech are trained and experienced. Stylists rent their own stations on a weekly basis, and stations have been rented by the same stylists for all 3 years. In addition to cut, color, and nail services, recognized hair products and other retail items are also sold. The salon includes 7 stations, and 1 nail tech. The sale includes approximately $49,685 in equipment (purchased new in the past three years) and $6,900 in inventory. One asset note: two recently purchased Bar-bar Infrared hair dryers - the latest technology in hair dryers. This is the first salon, in the state of Idaho, to offer this technology to customers. The owner is active in the business as a stylist and is willing to remain. The business has been profitable and has grown the clientele through great customer service. This is a turnkey operation ready for someone interested in becoming a business owner.

Facilities: New 1200 sq. ft. facility leased at $1,970/mo. including CAM and taxes. Five-year lease with 2 years remaining.

Competition: Normal

Growth/Expansion: This salon is located in a central, growing area, and offers a great brand name.

Support/Training: 3 months or as otherwise negotiated.

Reason Selling: Personal