Thriving Hair Salon-Seller Financing Available

Oakland County, MI

Seller Financing Available
Thriving Hair Salon-Seller Financing Available
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Asking Price: $60,000

Cash Flow: $26,064

Gross Revenue: $120,446

EBITDA: N/A

FF&E: $10,000

Inventory: $12,000

Rent: $860 /Month

Established: N/A

Thriving Hair Salon-Seller Financing Available

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Business Description

This is a bustling, longstanding salon in a high traffic area, with ample parking adjacent to building. Very reasonable lease. Furniture and fixtures in very good condition, with extra chairs for growth! New owner could also grow through expanded hours. Seller wants to semi-retire, and is willing to stay on part time beyond the transition period. Seller will also sign Non-Compete. This is an exclusive Goldwell Salon, and receives free in-salon education for stylists--which is a perk for retaining employees. Very neat, tidy and inviting space for customers. Must see! Owner will consider seller financing!

Detailed Information

Location:
Oakland County, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
780
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Longstanding business in the same location for over 35 years.
Competition:
Multiple salons to compete with. Low overhead at this facility allows for flexibility to stay competitive.
Growth & Expansion:
Capacity for growth with enough chairs for added stylists. Can also grow through expanded hours. This facility has a nail station, but currently does not have a nail technician.
Support & Training:
2 weeks
Reason for Selling:
retiring
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Lisa Stephens

Business Listed By:
Lisa Stephens

Transworld Business Advisors of Birmingham

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