| Asking Price |
$160,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$200,000 | Real Estate |
|
| Cash Flow |
$66,372 | Year Established | 2007 |
| FF&E |
N/A | Employees | 7ft/2pt |
* included in the asking price
** not included in the asking price
Take a look at this wonderful beauty salon with all new equipment and furnishings. It has established a strong customer base with a balanced mix of ages due to its complete offering of services: cuts, coloring, waxing, straightening, permanent straightening and permanent waves as well as products such as jewelry. The build-out was completed two years ago and it includes demolition, wiring, a beautiful slate floor, and ceiling. The all new fixtures include 9 styling stations, 4 dryers, 3 sinks, security cameras, and a laundry washer and dryer. The build-out of $155,000 and fixtures of $30,000 exceed the reasonable asking price. The premises include 2 private rooms and a well organized colors room. Employees include 7 stylists, a receptionist and a shampoo specialist. The remaining lease of 8 years includes 3 years with no increase and a maximum rent in 8 years of only $1,800 per month. The owners desire to reduce working hours brings this exceptional opportunity to the market. The business is suitable for an owner-operator or partial absentee owner, as one owner is willing to continue working with the business on a part-time basis. There are excellent opportunities for growth. Currently the business operates only 4 days per week, so an extension of hours will certainly increase sales. There is enough space to add 1 or 2 more chairs. Additional services can be added easily. Act quickly and make your inquiry about this excellent opportunity!

Tom Patterson
1-877-sell-a-biz (735-5224)
Vested Business Brokers Ltd.
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