Upscale Salon

Mooresville, NC (Iredell County)

Upscale Salon

Asking Price:$79,000

Cash Flow:$35,000

Gross Revenue:$140,000

EBITDA:N/A

FF&E:$25,000

Inventory:$5,000

Established:2013

Upscale Salon

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Business Description

Priced Reduced! Owner Retiring! This salon has a well-established, loyal clientele, walk in traffic continues steadily due to the excellent location and absence of any close competition. This salon has it all with a complete build out featuring beautiful decor servicing high end clients yet comfortable and inviting for those looking for a cut and color on the go. This salon has a stellar reputation, but a new owner with new enthusiasm could add to the steady client revenue. Huge potential - new owner can enhance the foundation that has already been set. Owner has long term staff in place with room to add more. The success of this Salon is based on their great reputation of over 3 years in business and their clientele that is loyal, steady and upscale. Location includes 8 Hair Stations, facial room, threading station and private room for waxing. Salon offers steady rental income from current commissioned stations and product offerings.

Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established 3 years
Competition:
Only Salon within a 5 mile radius.
Growth & Expansion:
Rapidly growing area minutes from Lake Norman.
Support & Training:
2 weeks
Reason for Selling:
relocating

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Gregory Barnes

Business Listed By:
Gregory Barnes

Transworld Business Brokers

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