Profitable Children's Hair salon

Worcester County, MA

Profitable Children's Hair salon
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Asking Price: $190,000

Cash Flow: $104,000

Gross Revenue: $431,617

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,500 /Month

Established: 2004

Profitable Children's Hair salon

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Business Description

Top peformer in company nationwide!

Successful, established children's hair salon. Easy to run with semi-absentee owner. Great staff that has been in place for many years.
Lease is up in fall of 2019, so looking for a serious buyer with the liquid assets to purchase this business. Landlord will give new lease. Price started at $269,000 and has been reduced. This business is a bargain at the asking price.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,776
Lease Expiration:
9/30/2019
Employees:
10
Facilities:
1776 square feet. 6 haircutting stations, 2 shampoo stations, party area, large reception area. Employee break room and storage closet. Everything to run the business is included in this sale.
Competition:
There are no other children's salons in the immediate area. Great location in a busy established regional outdoor mall.
Growth & Expansion:
Have not marketed in years. Could easily increase sales with any type of marketing at all.
Financing:
No seller financing offered for this listing.
Support & Training:
2 weeks
Reason for Selling:
Other businesses
Franchise:
This business is an established franchise
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Business Listed By:
Lisa Merrigan

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