Salon for Sale in Great Location

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Asking Price:
$49,900

Gross Revenue:
$78,842
Cash Flow:
$43,619
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Hair salon in a busy shopping center on a high traffic road, this is a great opportunity to get started in your own salon business.
It has been in existence for thirty-four years and is owned by the original founder of the business. There are eight chairs and three sinks. Currently operates with one employee paid on commission plus the owner and three booth rentals. The full time employee has been there for ten years and the booth renters have been there for between five to twenty years. This is your chance to break away and work for yourself with cash flow coming in from the booth rentals on weekly basses. The owner is willing to stay on two to three days a week as a booth renter.
Bring in your clientele, rent three more chairs and you are on your way to a very successful and profitable business. Currently they offer coloring, facials and eyebrow waxing. You can also add manicure and pedicure services to increase your sales even more.

About the Business

Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,439
Rent:
$2,568.00 Per Month
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1515090
Ad Detail Views:
365

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Business Listed by

Jody Reese

Transworld Business Advisors New Hampshire
License# NH0673

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