Hair Salon - Part Time Owner - Manager In Place

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Asking Price:
$99,000

Gross Revenue:
$272,954
Cash Flow:
$105,299
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

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

Real Estate:
 Not Disclosed

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Business Description

Recently remodeled hair salon in high income area Nashville suburb. The business is doing very well currently with record sales numbers over the past few months. The build out is top quality, and the location is complimented by other high end beauty/personal care industry businesses that all work together to keep target market customer traffic high. All of the equipment is basically new even though the business was established almost two decades ago. Staff is top notch; about half are chair rental and half W2 employees. The seller spends less than 20 hours per week working the business. She is ready to retire, but will stay on for a time to transition business/clientele to a new owner.

About the Business

Number of Employees:
8
Facilities:
High-end build out with new equipment and recent remodel.
Market Outlook/
Competition:
Market is growing. Potential to advertise and grow the business
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Seller will stay on to help with transition.
Seller Financing:
Negotiable

Listing Info

ID:
1449413
Ad Detail Views:
1149

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Business Listed by

Patrick Marsch

First Choice Business Brokers
License# 336685

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Sponsoring Broker:

First Choice Business Brokers Nashville
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U.S. Census Data for Davidson County, TN
Age

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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 Davidson County, TN
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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