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Busy Full-Service Hair & Skincare Salon with Real Estate

Anchorage County, AK

Busy Full-Service Hair & Skincare Salon with Real Estate
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Asking Price: $199,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

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Busy Full-Service Hair & Skincare Salon with Real Estate

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Business Description

With four booth rentals and an Esthetician room, rental income potential is $3,250 per month. Currently all four booths are rented, and the stylists want to be retained. In contrast the estimated monthly mortgage payment is $1,182 creating a $2,068/month profit on booth and room rentals. This equates to $24,816 per year after mortgage payment. Of course, this is only one revenue stream. Beauty supplies and personal services are two more revenue streams.

Real property (commercial condo) is valued in excess of $220,000 and has been extensively and stylishly remodeled to reflect a tasteful and pleasing décor. This salon is the only five-star salon in Alaska, and it has been awarded the five stars rating for the past five years. The salon has two wash bowls and two restrooms (one is handicapped compliant) and is 1,296 square feet.

There is room to add two more booths if a new owner was inclined to do so. The current owner is relocating with her husband due to his job. The salon is located in Eagle River, Alaska—which, is a bedroom community of Anchorage. Services include haircuts, hair styling, treatments, smoothing treatments, perms, colors, waxing & esthetician. The business routinely has an SDE of +/- $68,000/year.

The current owner would occupy a booth and train a new owner up until her departure (fall) to make for a seamless transition for the new owner and existing clientele. Owner financing may be possible on a carry back.

Detailed Information

Location:
Anchorage County, AK
Support & Training:
120 weeks
Reason for Selling:
relocating
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Nick Mastrodicasa

Business Listed By:
Nick Mastrodicasa

Transworld Business Advisors of Alaska

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