Turn-Key Hair Salon - Profitable and Run Semi-Absentee

Maricopa County, AZ

Elegant Hair Salon
Contact Seller

Asking Price: $200,000

Cash Flow: $80,000

Gross Revenue: $500,000

EBITDA: $80,000

FF&E: $40,000

Inventory: N/A

Rent: $3,000 /Month

Established: 2001

Turn-Key Hair Salon - Profitable and Run Semi-Absentee

Save Print Share Valuation Report

Business Description

SIGNIFICANT PRICE REDUCTION !! 20 years ago, this husband/wife team established an upscale successful salon in one of the Northwest Valley’s largest and most affluent retirement communities. Their primary focus is the Baby Boomers (both sexes) who actively support this elegant salon. Their clients are willing to spend generously on maintaining their up to date appearances.

Most clients are booked in advance, booking appointments for many months ahead. Two part-time receptionists provide full coverage and schedule all appointments. Most of the operators are paid on a commission basis and have been with the Salon for a number of years. There are 9 stylist stations and 4 shampoo bowls. Business is seasonal with March being the busiest month and July being the slowest month. Annual Sales for the past three years are approximately $500,000 per year. Owners are planning to retire and would prefer an "all cash" transaction.

The Salon is located off a busy intersection and has several complimentary businesses nearby. The Business is currently operated on a semi-absentee basis which enables the owners to have plenty of time to travel for family and pleasure.

Detailed Information

Location:
Maricopa County, AZ
Real Estate:
Leased
Building SF:
1,234
Lease Expiration:
4/30/2020
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Only hair salon in their retirement community
Financing:
Seller desires all cash
Support & Training:
Two weeks during normal business hours
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Jim Magrogan, Designated broker

Business Listed By:
Jim Magrogan , BBS

Macor Associates, Inc.

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1604265 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Hammer and Nails

Franchise Opportunity
Capital Required: $253,250