Make Almost $10K/yr Before You Get A Free Chair For Your Clients!

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Own A Salon & Make Money Before You Get Your Salon Chair For Free!
Asking Price:
$45,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$10,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$30,000
included in asking price

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Business Description

This gorgeous salon has served the North Raleigh market for decades and it's time for a new owner to continue the cash flow.

With recent upgrades from the floor to the chairs to the ceiling, this salon is clean and vibrant. It comes with a team that works together, and the owner has recently increased weekly rental rates so the new owner won't have too.

This Salon is located in North Raleigh in one of the most affluent zip codes in the market. It's in a shopping center with plenty of parking and upscale restaurants and shopping.

This opportunity is perfect for a stylist looking for a new or additional location, or one who wants to OWN the salon instead of renting the chair. Based on weekly revenues this salon covers expenses with more than $10K in earnings per year and has four additional chairs to fill. A new owner could rent all four or just rent three and have the third to operate his or her own styling business and keep 100% of their commissions.

Please submit an inquiry on the right and we can share all the details such as pictures, location, and more. You will be asked to complete a "Non-Disclosure Agreement" which simply asks that you respect this operating business and only approach the business owner with an appointment.

About the Business

Year Established:
1990
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,400
Lease Amount/Mo.:
$1,500.00
Lease Expiration:
12/13/2019
Market Outlook/
Competition:
Protected from other salons moving into the mall by an agreement with the landlord.
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About the Sale

Training/Support:
2 weeks included in sale

Listing Info

ID:
1533267
Ad Detail Views:
452

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Business Listed by

Neal Isaacs, MBA, CBI

VR Business Brokers - Raleigh

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Certifications:
U.S. Census Data for Wake County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Wake County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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