Hair Salon For Men and Women - Price Reduced

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Must See Location
Asking Price:
$49,900

Gross Revenue:
$167,000
Cash Flow:
$27,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Price recently reduced from $55,900 to $49,900 on this busy family salon located in South Elgin. Affordable prices and friendly professional services has made this salon a center piece in the area for the past 15 years. High traffic location generates regular new walk in customers.

Salon presently employees 6 stylist plus the owner. Owner would consider continuing to work 2 days a week.

Great looking salon with excellent signage, plenty of parking and reasonable rent. New 3 year lease.

Contact broker for more details

About the Business

Year Established:
2002
Number of Employees:
6
Real Estate:
Leased
Lease Amount/Mo.:
$2,087.00
Lease Expiration:
3/1/2019
Facilities:
1200 sq/ft salon with 6 work stations and 3 wash bowls. Excellent signage, plenty of parking
Contact the Seller

About the Sale

Training/Support:
Owner will provide training as needed and would consider working 2 days a week
Seller Financing:
Seller would consider some financing to experience stylist

Listing Info

ID:
1422849
Ad Detail Views:
1465

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Business Listed by

Joe Marley

Signature Business Group Inc.

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