Turnkey Salon in the Heart of Silverado Ranch - Anchored Shopping Area

Las Vegas, NV (Clark County)

Seller Financing Available
Left Side of Salon
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Asking Price: $49,999

Cash Flow: $21,000

Gross Revenue: $65,000

EBITDA: $21,000

FF&E: $20,000

Inventory: N/A

Rent: $2.11 /Month

Established: 2011

Turnkey Salon in the Heart of Silverado Ranch - Anchored Shopping Area

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Business Description

Excellent salon is ready for new management.
There are currently 3 rental employees and this could easily be expanded.
The current focus is hair and massage. However it could be expanded to nail and aethetician work.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,360
Lease Expiration:
11/30/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large styling area 8 chairs that could be expanded Large break/laundry room Wash bowl/basin area Dryer Area Massage Room Front/Reception Area
Competition:
There is competition in the area with both independent and franchised salons. However, seller's salon is in one of the best locations, in the busiest shopping center with multiple anchors. There are also three schools in the immediate vicinity.
Growth & Expansion:
Salon is not currently geared towards average retail customers and could likely bring on a stylist to focus on the segment. The chair rental is also low and could likely be raised. Salon is currently has only a Facebook page for the marketing, so there is tremendous potential for a marketing oriented person.
Financing:
Selling willing to carry a note with a substantial down payment.
Support & Training:
20 hours over two weeks.
Reason for Selling:
Pursue other interests
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Contact the Seller

(from currently available funds)
 
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Michael Holcomb

Business Listed By:
Michael Holcomb

Advent Realty Group

Show Phone Number

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Sponsoring Broker:
Guadalupe Gastelum

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