Asking Price: $30,000

Gross Revenue: $75,520

Cash Flow: $25,610

Inventory: $2,000 (Not Included in Asking Price)

FF&E: $20,000 (Not Included in Asking Price)

Seller Financing: Cash.

This is an excellent opportunity at an excellent price.
Salon is only a year old, and has new fixtures and build outs. Has 4 stations, 3 shampoo stations. Has room to add two additional stations. Offer hair services for men, women and kids.
Two stations are rented out and both independent contractors are hoping to stay on.
The salon is located in a busy center that includes a nail salon, dry cleaner and a tutoring center; thus plenty of traffic. Ample parking.
The owner is willing to stay on as an independent contractor and even help manage the store.
Make an all cash offer, or pay only $40,000 and the seller will carry the rest for 24 months at a low 8%.
Overheads including rent under $3,000. An owner operator can earn 100% of all additional revenues as the current volume easily takes care of all expenses. Has a POS system, washer, dryer, inventory. The store has been well designed.
If you are looking to go into the Hair Salon business, you owe it to yourself to take a look at this and grab this great deal.

Year Established: 2007

Employees: 2 full time -

Facilities: 950 sq. ft. Rent $2,365 including CAMS. Invested over $70,000 in build-outs.

Market Outlook and Competition: Great location, great traffic, established for one year and making a profit. Can do much better with advertising.

Management Training and Support: Seller willing to stay as an independent contractor and also willing to help manage the store.

Reason For Selling: Family reasons.