Asking Price:

$75,000

Gross Income:

$88,000

Cash Flow:

$24,000

EBITDA:

$28,280

FF&E:

$11,000.00 *

Inventory:

$3,500.00 *

Real Estate:

N/A

Year Established:

1985

Employees:

1

Business Types:

Beauty Salons, Barber Shops
Other Personal Services

* included in the asking price

Business Description

Well established hair salon catering to women, men, and children. This business is located in a busy strip mall with many popular businesses. Many of our clients frequent the area for shopping and live entertainment. Owner is selling everything with the salon INCLUDING client list and is willing to stay on for a limited time to help introduce new owner to current customers - you couldn't ask for more! Currently has 4 chairs available for styling with possible option to expand into next door tenant space. Everything you need to operate this business is included like stylist chairs, back bar, nail station, washer dryer, etc, but most importantly is the Client List! This business is easy to manage and is in a PRIME location and low lease payments.

Detailed Information

Facilities:

842 sq ft located in a high traffic mall close to fine dining and entertainment businesses.

Competition:

There are other like type businesses in the area however we have been established here for over 25 years.

Growth/Expansion:

New buyer is able to negotiate lease of vacant commercial space adjacent to salon

Financing:

Seller willing to discuss with a good qualified buyer

Support/Training:

The seller is willing to stay on for a negotiated period of time to introduce the new buyer to the current clients.

Reason Selling:

Retire