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Why Pay Chair Rent? Own An Established Salon!

Grand Rapids, MI (Kent County)

BiggerListings™ | 517-657-5600
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Asking Price: $129,000

Cash Flow: N/A

Gross Revenue: $64,229

EBITDA: N/A

FF&E: N/A

Inventory: $6,000*

Rent: $806 /Month

Established: N/A

*not included in asking price.

Why Pay Chair Rent? Own An Established Salon!

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Business Description

Why pay chair rent, when you could own a well established salon in Grand Rapids for the price of monthly chair rent? Due to the nature of the business, most information about the salon is confidential. Interested parties will need to sign a non disclosure agreement, and show proof of funds of at least $32,500.00 to qualify for possible bank financing.

Detailed Information

Location:
Grand Rapids, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
4
Facilities:
Room for 6+ Styling Stations.
Competition:
Limited amount of salons in the immediate area. Salon located in a metro market. Well established, current owner has owned the salon for 9+ years, purchased the salon from previous owner who was in operations for many years prior.
Growth & Expansion:
Plenty of growth opportunity, well established, with steady traffic.
Support & Training:
Negotiable
Reason for Selling:
Retiring
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(from currently available funds)
 
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Brandon Dotson

Business Listed By:
Brandon Dotson

BiggerListings™

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Sponsoring Broker:
BiggerListings™ (We Have More Listings For A Reason)

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