Turnkey Hair Salon is Ready for New Entreprising Owner

Portland, ME (Cumberland County)

Seller Financing Available
Turnkey Hair Salon is Ready for New Entreprising Owner
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Asking Price: $50,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,405 /Month

Established: 1985

Turnkey Hair Salon is Ready for New Entreprising Owner

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Business Description

Ideal opportunity for an entrepreneur to acquire a successful hair & tanning salon that has been in business since 1985. Seller-couple and current booth rental tenant would lease back three both rentals totaling $300 weekly ($1,300 monthly), which nearly covers monthly base rent of $1,405, for the 1,090 square feet. There are another five booths available to rent.

Landlord would offer five-year lease term, possibly longer, with at least one (1) five-year lease term extension option available.

Furniture, equipment and goodwill are included in purchase price.

Seller financing for a portion of the purchase price is possible for qualified purchaser. Confidentiality agreement required.

Detailed Information

Real Estate:
Leased
Building SF:
1,090
Lease Expiration:
3/31/2023
Financing:
Seller financing possible for qualified purchaser.
Reason for Selling:
Owner-couple want to sell and rent back two booths.
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Michael Rogers

Business Listed By:
Michael Rogers

Bean Group

Show Phone Number

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