Upscale beauty salon
Location: Utah > Salt Lake County > Salt Lake City
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $95,000
Gross Revenue: $72,600
Gross Revenue Comments: 2008 projected sale
Cash Flow: $34,848
Inventory: $500 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Seller Financing: Seller will finance 45k over 60 months with 8%
Business Summary
Nice East side Beauty Salon. Nice layout with 6 hair stations . One nail station and 2 private rooms for massage therapist. All hair station rented for $625 a month. the nails station rented for $325. there is room to add 3 more hair stations. The current owner is not a hair staylist and there is a huge room for growth with if the Salon owned by a hair stylist. Great opportunity, will not last long.
About the Business
Year Established: 1998
Facilities: 1409 SqFt facility. nice layout/ utilities and garabge included in the rent
Market Outlook and Competition: Little compitition// all station rented
About the Sale
Management Training and Support: 20 hours training
Reason For Selling: Owner got a full time job
Attached Files - Attachment Disclaimer
| 25 years Selling Businesses - 25 years Selling Businesses over 2000 sold and counting |
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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