Price Reduced

Bellingham, WA (Whatcom County)

Strong Salon Location
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Asking Price: Get Financing: $35,000

Cash Flow: N/A

Gross Revenue: $95,526

EBITDA: N/A

FF&E: $16,500

Inventory: $1,000*

Lease Rate: $1,650 /Month

Established: 2007

*not included in asking price.

Price Reduced

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Business Description

The owner and Cosmetologist has built this salon over a 20 year period. Located in a strong retail area this salon has been attractive to a talented team bringing in steady income and growth. Annual improvements to the salon itself provide an attractive environment for qualified, experienced beauty technicians who focus on fresh ideas and concepts to provide to their well being inside and out. New on the market this salon has a solid history of operating on a strong profitable level. Furniture, Fixtures, Equipment are top notch. The owner wants to retire but will stay to train and work as a stylist. Financing for qualified buyers. Priced below valuation.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This beautifully decorated salon is located in a small shopping center complex with ample parking and strong visibility.
Competition:
This is a competitive market. The duration of this business, location and quality stylsts put it above many others.
Growth & Expansion:
There remains space and chairs for additional beauticians. Additional space in the building may be available for additional expansion
Support & Training:
Terri May has built her salon with support and training. She will remain to provide as much support as required to the new owners success.
Reason for Selling:
The owner wants to retire but will stay to train and work as a stylist.
Business Website:
http://www.maydayspalon.com/
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Dick Zagelow

Business Listed By:
Dick Zagelow

Moore and Company

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