Stunning Top Rated Salon in very high traffic and growth area

Denver, CO (Denver County)

Seller Financing Available
Stunning Top Rated Salon in very high traffic and growth area

Asking Price:$125,000

Cash Flow:$65,483

Gross Revenue:$217,594

EBITDA:N/A

FF&E:$40,500

Inventory:$15,000

Established:2009

Stunning Top Rated Salon in very high traffic and growth area

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Business Description

Top Rated, great vibe, salon in a fantastic location. This spectacular salon serves upscale clientele in a dramatically growing neighborhood. The seller has developed a very unique and successful business that is one of the highest rated salons in Denver. Reviews from Yelp, Google and Groupon consist of 4.5 out of, 4.5 out of 5 and 10 out of 10 respectively this salon brings a fantastic long term reputation to the transaction.

Detailed Information

Inventory:
Included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1100 sq. ft. wonderful brick space fully updated. The space that has been remodeled and updated, including over $54,000 in initial build out on the facilities.
Competition:
The other competition in the area is a step below this salon. This business is in a premium location for the area. The clients love the energy and the vibe. The stylist love that they offer both commission and booth rental.
Growth & Expansion:
The salon has more chairs currently to fill as well as looking at other products to increase product sales. Currently there is no marketing or advertising, this could be implemented to increase revenue.
Financing:
For Well Qualified Buyer!
Support & Training:
The current owner is open to helping make a smooth transition. The current manager is also willing to look at staying if the owner wishes to be an absentee owner.
Reason for Selling:
Other Obligations

Listing Statistics for Premium Members

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Ti Business Advisors

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