HS Listing ID-67889
The current owner has owned the business since 1977
Located in a high traffic, upscale neighborhood, this turnkey salon is a rare opportunity for an investor or owner operator seeking a thriving, profitable business with built in growth potential.
Prime location in an affluent area with strong foot traffic and visibility.
The salon has 8 chairs, 4 colors stations, 3 sinks
5 employee’s plus the current owner
Gross of $500,000 (including current owner who would like to stay)
Nets $75,000
The store is currently 2000 sq ft but can be divided to 1000 sq ft.
Rent for 2000 sq ft $7000 ( two renter paying $1600 a month on one side)
Rent for 1000 sq ft $3500 ,full basement for storage
The seller owns the property and will give a 5 year lease with and 5 year option
Commercial washer and dryer
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2423536