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Successful Salon and Beauty Supplies w/Booth Rentals

Cass County, ND

Successful Salon and Beauty Supplies w/Booth Rentals
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Asking Price: $295,000

Cash Flow: $60,000

Gross Revenue: $283,000

EBITDA: N/A

FF&E: $75,000

Inventory: $30,000

Rent: $8,000 /Month

Established: 2004

Successful Salon and Beauty Supplies w/Booth Rentals

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Business Description

A recently renovated hair salon with 11 booths currently rented. This is a great opportunity for somebody in the business to expand or move from the chair to an owner. A history of long-term stylist that are long term tenants. The location is on one of the busiest areas and has ample parking available.

Detailed Information

Location:
Cass County, ND
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
25,000
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Several salons have rentals, but with the location and the competitive price most of the stylist have not moved.
Growth & Expansion:
It currently sub rents a portion of the space to another tenant and could be used for expansion in the future. A new owner could also as a couple of more rental booths.
Support & Training:
Owner willing to work out a transition plan
Reason for Selling:
New Opportunity
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Art Rosenberg

Business Listed By:
Art Rosenberg

Sunbelt Business Advisor of North Dakota

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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