Established Hair Salon with Great Cash Flow!

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Asking Price:
$318,000

Gross Revenue:
$320,277
Cash Flow:
$139,936
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$17,000
included in asking price

FF&E:
$34,000
included in asking price

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Business Description

This is a well-known salon with a large and experienced team of stylists. The 3000+ sq. ft. facility is beautiful, professional and well maintained with a relaxed feel and stunning d├ęcor. Includes a bright and comfortable waiting area with a wide selection of retail product, a quiet lounge where clients can relax, multiple shampoo stations, hair design stations, skin care room, reception area, large break room, laundry and break area.

The salon provides all facets of hair care and design for men and women. Services include precision and designer haircuts, keratin smoothing treatments, perms, straighteners, relaxers, single process color services, highlights/lowlights, dimensional color, block color, and hair extensions. Additionally, the salon offers make up application, eyelash extensions and waxing services.

About the Business

Location:
Littleton, Colorado
Number of Employees:
25
Real Estate:
Leased
Building Sq. Ft.:
3,000
Facilities:
3000+ sq. ft. leased space with additional room available for expansion.
Market Outlook/
Competition:
There are certainly other hair salons in the area, but this one truly stands out based upon the look, feel, reputation, number of stylists and breadth of product and service offering.
Growth & Expansion:
Plenty of expansion and growth opportunities including increasing number of booth renters, offering additional service, implementing a consistent marketing plan, increasing on-line presence, etc.
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About the Sale

Reason For Selling:
Looking to try something new after many years in the industry.
Training/Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Seller Financing:
The Seller will entertain offers of varying financial and legal structures.

Listing Info

ID:
1593951
Ad Detail Views:
0

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Business Listed by

Greg Wills

Touchstone Business Advisors

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Sponsoring Broker:

Charles Spickert, CBI
Touchstone Business Advisors
License# 40043825


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