Two Money Making Hair/Nail Salons/Barber Shop

Cumming, GA (Forsyth County)

Seller Financing Available
Two Money Making Hair/Nail  Salons/Barber Shop
Contact Seller

Asking Price: $335,000

Cash Flow: $96,000

Gross Revenue: $280,000

EBITDA: $96,000

FF&E: $155,000

Inventory: $1,500

Rent: $1.25 /Month

Established: 2011

Two Money Making Hair/Nail Salons/Barber Shop

Save Print Share Valuation Report

Business Description

Two Salons For Sale – Package DEAL

1st
Hair and Nail Salon
Opened 2011
In business for over 7 years, Beautiful interior, large local following of clients.
Great area – no competition within 5 miles.
Gross Annual Revenue $200,000
Rent $2500 per mo.
1200 sq. ft.

2nd
Hair & Nail Salon
Opened March 2018- showing great growth
Beautiful New Built Out at a cost of over $100,000
New everything, new flooring, new hair wash tubs. New plumbing
Over 2700 sq. ft.
Huge location - could easily add more nail salon services
RENT VERY LOW ONLY $2500 PER MONTH LOWEST RENT IN CUMMING.
Can be a great money maker for years to come !
In business for less than one year-showing growth already.
Gross Annual Revenue $84,000
Rent $2400 per mo.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,900
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1st shop established in 2011- 2nd shop is new established in March 2018. Both shops are very beautiful, and newly designed and built out Walk in and start making money from day one.
Competition:
Very little true competiton near each one of the shops
Growth & Expansion:
Continue with or increase ad campaigns to drive sales growth.
Financing:
10% to approved buyer
Support & Training:
Up to 3 weeks included in price
Reason for Selling:
Owner Health issues
Contact Seller

Contact the Seller

Contact Seller Loading

James McGeehan

Business Listed By:
James McGeehan

Ensure Capital

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1583330 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


Lemon Tree Family Salons

Franchise Opportunity
Capital Required: $131,800