Profitable Beauty Salon

VA

Profitable Beauty Salon

Asking Price:$299,000

Cash Flow:$110,000

Gross Revenue:$600,000

EBITDA:N/A

FF&E:$150,000

Inventory:$12,000

Established:2002

Profitable Beauty Salon

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Business Description

Purchase this profitable TOP Hampton Roads Salon and become your OWN boss!

Are YOU an independent hair stylist? Then Become Your Own Boss! This Salon offers professional coloring and cutting services, trimmed to meet the needs of both their loyal repeat customers and newcomers alike. With services ranging from dimensional and creative highlighting, to formal hair design, to brow and facial waxing, this is a niche salon with twelve (12) booths, geared to suit the specific needs of their customers.

Housed in a 1,600 SF space within the well-traveled strip Shopping Center, this salon benefits from its busy and easily-accessible location moments from a high-traffic thru-fares. Rent is $3,400 per month with a lease good through March 30, 2020 and followed with a Five (5) year renewal option.

Contact FOUAD MOHIT for more information at (757) 237-2301 or Fouad@SunbeltNetwork.com.

Detailed Information

Inventory:
Included in asking price
Employees:
11 FT; 6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will provide training in transition.
Reason for Selling:
To pursue other business interests.

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Fouad Mohit

Business Listed By:
Fouad Mohit

Sunbelt Business Brokers of Hampton Road

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Sponsoring Broker:
SUNBELT HRVA

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