Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price	$25,000	Inventory	$2,000-2,500*
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	2007
FF&E	N/A	Employees	2 ind. cont.

* included in the asking price

** not included in the asking price

THis great looking salon was built last year by a son for his mother,who unfortunately was killed in an automobile accident.. The son wants to move to California, and has a stylist /manager runnning the salon. The stylist/manager rents a chair that covers the overhead, and the stylist enjoys the company portion of a 60/40 split with 1 other stylist.The owner tells me that his manager likes it here and should want to stay on with a new owner at an agreed upon rental rate. This salon offers the best of all worlds: Established-almost new; existing cash flow; room for growth;an extremely competitive rental rate. Couple all of that with excellent street exposure on one of Oakland County's busiest streets and you have excellent potential for an excellent price.

Facilities: THis 1600 S.F.+/- salon was built by a son for his mother,who was killed in a tragic automobile accident. It is 100% help run .He built a great looking salon, which is doing fine, but common sense dictates that an active owner could do much better. The salon looks like new, and it practically is ,as it opened in June of 2007. The lease is excellent,with the monthly rental of only $800.00-modified gross! There are 4 styling chairs ,1 nail tech station,and tannng room with a practically new stand up tanning unit, and 2 rooms for pedicures,massages,etc.

Competition: Of course there is competition,but with very little marketing this salon has already built a good client base for a stylist/owner to build upon.

Growth/Expansion: A stylist /owner can own their own salon for much less than it would cost to build one -and have an income stream from the very first day!

Support/Training: Sellers stylist /manager will acquiant buyer with the operation of business and clientele for 2 weeks.

Reason Selling: Famly loss-he wants to move to California