Established Collin County Salon 2436

Collin County, TX

Established Collin County Salon 2436
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Asking Price: $240,000

Cash Flow: $110,400

Gross Revenue: $262,788

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000

Rent: $3,579.14 /Month

Established: 2008

Established Collin County Salon 2436

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Business Description

If you are looking for an established salon located in one of the top areas to live in the United States, then this is the one! Strong financials showing over a quarter million in sales for 2017 and an excess of $110,000 of annual Seller cash flow! Could be a good candidate for SBA financing depending on a buyers experience. Great street retail with visibility off a major thoroughfare in a popular and dense area. Attractive lease in place with ~5 years remaining at a flat rate. Fully equipped facility with several backwash stations, 6 hair stations, reception, private office, break room, and another private room (which could be subleased or utilized for further income for massage, nails, waxing, etc), and much more. High end product and specialty services are offered. Great potential to add more stylists and expand services. This business still has not reached its peak. Seller will stay on for training and support. Call ANA Brokers today for more info.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,608
Lease Expiration:
N/A
Employees:
2 FT + Owner
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Other opportunities
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(from currently available funds)
 
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ANA Brokers

Business Listed By:
Sales@ANABrokers.com

ANA Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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