Incredible High End Salon with Renters and Commisioned Stylists

North Las Vegas, NV (Clark County)

Hair Salon Area
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Asking Price: $229,999

Cash Flow: $100,000

Gross Revenue: $350,000

EBITDA: $95,000

FF&E: $30,000

Inventory: $500

Rent: $1.74 /Month

Established: 2009

Incredible High End Salon with Renters and Commisioned Stylists

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Business Description

Don't over pay for a franchise and pay monthly fees. Pay less and get a full service salon with higher potential!!!

Sublease revenue $3600 per month.
Employees are commission based with large area of the salon rented out for

Amazing salon with 8 employees - Owner is not a stylist and manages
8 hair stations
3 pedicure stations
3 manicure stations
4 treatment rooms for aesthetician, massage etc
Laundry
Amazing lobby area
Retail Merchandise area

Attached Documents


Detailed Information

Location:
North Las Vegas, NV
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,480
Lease Expiration:
8/31/2023
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Distinct area for hair, manicure and pedicure.
Competition:
No competition in the immediate area for a full service salon. Minor competition with hair and nails near by.
Growth & Expansion:
Area slowed during the great recession but is now building quickly. The business is well position
Support & Training:
40 hours over two weeks.
Reason for Selling:
Pursue other interests
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Contact the Seller

(from currently available funds)
 
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Michael Holcomb

Business Listed By:
Michael Holcomb

Advent Realty Group

Show Phone Number

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Sponsoring Broker:
Guadalupe Gastelum

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