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897930-RF Unique Salon Poised for Growth

Richmond, VA (Richmond City County)

Seller Financing Available
897930-RF Unique Salon Poised for Growth
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Asking Price: $102,000

Cash Flow: N/A

Gross Revenue: $208,091

EBITDA: N/A

FF&E: $10,000

Inventory: $4,000*

Rent: $3,352 /Month

Established: 2014

*not included in asking price.

897930-RF Unique Salon Poised for Growth

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Business Description

Asset Sale of salon offering hair styling, cuts and coloring. Facial waxing and makeup applications. Group styling services for bridal parties, birthdays, corporate events and special occasions. Preferred service provider to hotels and event spaces.
Turnkey Operation!

Detailed Information

Location:
Richmond, VA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,440
Lease Expiration:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bright and airy shop in newer strip center on very busy street with plenty of parking. Entrepreneur started business in 2014 to provide specific hair styling service. Transitioned business in 2017 to full-service salon and ammenities.
Competition:
Several salons in the area but few offering extensive list of services at very competitive prices.
Growth & Expansion:
Promote group services as market demand increases for bridal parties and special events. Capacity for 14 stylist and additional services.
Financing:
7000.00
Support & Training:
1 week
Reason for Selling:
other interests
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Contact the Seller

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Russell Fergusson

Business Listed By:
Russell Fergusson

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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