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Long Standing Hair Salon Looking for New Owner

Sterling Heights, MI (Macomb County)

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Asking Price: $40,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 1997

Long Standing Hair Salon Looking for New Owner

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Business Description

31 years in business with a long-standing book of business. 10-chair salon, each with Craftsman toolboxes. Excellent location, with many nearby retailers, this purchase comes with all FF&E and inventory. Private room for nails and pedicure station. Owner looking to retire. Opportunities to grow the business include longer hours, added product features and younger stylists.

Detailed Information

Location:
Sterling Heights, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6
Facilities:
All FF&E to be included with purchase
Competition:
Business requires a new look, fresh ideas and someone young to increase revenue. Many local shops nearby have older business owners.
Growth & Expansion:
New clients. Little to no marketing. Longer hours.
Financing:
None
Support & Training:
Yes
Reason for Selling:
Retiring
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(from currently available funds)
 
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Joe Rizqallah

Business Listed By:
Joe Rizqallah

Signature Associates

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Sponsoring Broker:
Mark Woods

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