Salon for Sale-motivated seller

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Motivated Seller--Great for a first time buyer!
Asking Price:
$185,000

Gross Revenue:
$285,000
Cash Flow:
$30,000
EBITDA:
$25,000
Inventory:
$8,000
included in asking price

FF&E:
$75,000
included in asking price

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Business Description

Busy salon looking for new owner! The ideal new owner would be a hair dresser that could take over clientele. With the business we have coming through the door now, we bring in approximately 280,000 in sales. There is room for growth and also if you continue with our business model, you will have access to new talent as you wish to keep your chairs filled. We have a unique way of business! Email us to learn more. We are looking for a smooth sale and an easy transition. The current owner would like to retire!

About the Business

Location:
Dodge County, Wisconsin
Year Established:
1985
Number of Employees:
8
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,400
Rent:
$1,000.00 Per Month
Facilities:
We rent our space. We have 2400 square foot salon. Equipment is in good condition and well taken care of.
Market Outlook/
Competition:
Business is prime location. We are not the only salon in town, but we are the only salon that has enough staff to fill the hours and take walk ins. We are the largest salon in our area.
Growth & Expansion:
There would be availability to add more staff.
Double shifting chairs would be a great opportunity. Adding hours to the week is possible (more weekend hours) Advertising could increase immensely. Email for more info. I can't stress enough on how unique are business model is for the right person.
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About the Sale

Reason For Selling:
Owner is looking to retire.
Training/Support:
We will provide any support needed to the new owner.

Listing Info

ID:
1461852
Ad Detail Views:
550

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