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

$Seller Financing Available

Asking Price	$130,000	Inventory	$1,300**
Gross Income	$295,700	Real Estate
Cash Flow	$84,000	Year Established	1998
FF&E	$75,000*	Employees	8

* included in the asking price

** not included in the asking price

This salon offers a wide variety of high-end, up-to-date styling and aesthetic services in a relaxing and professional environment. The salon has attracted a loyal base of local clientele during its 10 years in business and has experienced minimal staff turnover, leading to high client retention rates. With five full-time stylists, one full-time manicurist/aesthetician, one assistant and one receptionist, the salon focuses on hair services, nail services, facials and waxing. They also sell a variety of hair products, including a line imported by the owner from overseas. The shop's stylists constantly expand their knowledge by attending workshops and training sessions and keeping up to date on the latest trends out of Europe. Due to all of these factors, the shop has an excellent reputation and a steady flow of repeat customers.

Facilities: Equipped with four updated hair stations, two manicure stations, two pedicure stqtions and a waxing/facial room. Salon is leased for $2,175/month. It is a 5-year lease with a 5-year option.

Competition: The business is in an attractive row of small businesses in a busy 'Square'. They have one direct local competitor, but it does not rival this salon's affordable and high-class service and relaxing, friendly environment.

Growth/Expansion: One avenue of growth is increasing marketing to build awareness of the business and draw in new customers. Marketing could include investing in online search advertising or internet coupons through Citysearch.com. They do not currently capitalize on retail product sales and rely mostly on services. New, updated product lines can be added and marketed to increase revenue. More aesthetic services such as expanded facial service offering or head/neck massages can be added.

Seller Financing Available: Yes

Financing: Up to $25,000

Support/Training: The owner would like to continue to service her clients by working part time or full time.

Reason Selling: Owner wishes to focus on her other businesses.