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South JOCO Upscale Salon

Johnson County, KS

Seller Financing Available
South JOCO Upscale Salon
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Asking Price: $105,000

Cash Flow: $46,000

Gross Revenue: $196,300

EBITDA: $32,000

FF&E: $140,000

Inventory: $20,000

Rent: $5,299 /Month

Established: 2016

South JOCO Upscale Salon

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Business Description

Great Opportunity

Recently remodeled, high tech atmosphere with state of the Art medical affiliation. Blended Salon with both commission and steady revenue from 14 Independent Booth Renters.

Lots of growth opportunity! Below market value lease in highly visible location.
Over 400K in original leasehold improvements. 120,000 in Assets

Owner willing to stay on and ensure smooth transition.
Willing to owner finance or consider partnership.

Detailed Information

Location:
Johnson County, KS
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,400
Lease Expiration:
12/31/2021
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Complete Salon Equipment, Product Inventory, Data Base, Website and POS system. Rental Rebate available to buyer on lease transfer of $6,100.
Competition:
Premier Salon in area. Experienced and stable staff.
Growth & Expansion:
Additional Marketing can help move this salon to substantially greater numbers. Growing area with lots of new build construction. Rental Rebate available to buyer of $6,100 upon lease transfer
Financing:
Will finance percentage of purchase. $6,100 Available in Rental Rebate
Support & Training:
Yes, will aid in transition up to 3 months. Would consider partnership with right buyer.
Reason for Selling:
Retirement,Health.
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Business Listed By:
Michael Rowe

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