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

Asking Price	$330,000	Inventory	$20,000*
Gross Income	$900,000	Real Estate
Cash Flow	$200,000	Year Established	N/A
FF&E	$100,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This highly profitable full service beauty salon is located in a brand new plaza that includes restaurants, shops and medical offices. The community itself is new with new housing development and offices nearby. It is rare to find this type of business with verifiable income. There is also income from cash that is not included in the figures. They have 4 facial and massage rooms, 7 hair stations, 3 shampoo stations, 12 manicure stations, and 14 spa chairs, and 1 wax room. There is also a washer and dryer room and an employee lounge room. This is a very high end establishment, the owner spent over $300,000 to build it up. Any gift cards sold that have not been redeemed, the seller will split with the buyer 50/50. All supplies are brand name. 17 total employees (all 1099):9 manicurists (60/40 commission), 5 hair stylists (50/50 commission), 3 facial/massage (50/50 commision). A new 5 year lease was just signed for a fixed monthly rent of $6,400. It was normally $11,000 with an 1 year deal for $8,500 for for 2009.