Hair Salon, Great N Mid-Cities Loc, 17 yrs in Biz, $ 29K for Quick Sale. Potential 40K+ Profit/Yr.
| Asking Price: | $28,900 | Inventory: | |
| Gross Revenue: | $32,760 | Real Estate: | n/a |
| Cash Flow: | $40,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price |
| Cash Flow Comments: 40K+ potential |
This business is in an excellent North Mid-Cities location with a 17 year track record with a full line Hair Salon, with a Shampoo area, and hair dry area. Currently all hair dressers rent their station by the week for $ 130/station.
About the Business
Year Established:1992
Employees:5 full time -
Facilities:Spacious 1300 Sq. Ft. Salon with Rent of $ 1,510/month (includes CAM)
Market Outlook and Competition:Hours of Operation: Mon-Sat 8-6. Method of Sales: Cash or Check (Could add Credit Cards) Methods used to Market: Ad in Verizon Yellow Pages Growth Potential: Great potential by adding 3 Hair Dressers, and 1 Nail people, add Credit Cards to make it easier for customers to spend their money. Advertise using coupons – this has been very effective in the past. Competition: Closest is ¼ mile away.
About the Sale
Reason For Selling:Seller retiring from ownership – wants to continue as a hair dresser.
Seller Financing:None Available
KEYWORDS: hair salon, nails, salon
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