Stunning Salon in Downtown Omaha

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Over 40 years of providing excellent high-end services and ready to grow!
Asking Price:
$110,000

Gross Revenue:
$186,758
Cash Flow:
$43,712
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,895
not included in asking price

FF&E:
$80,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This stunning salon is a diamond of an opportunity for a buyer looking to acquire a business with incredible growth potential at a reasonable price. This well established and well-known salon is located in a highly desirable area of Omaha, Nebraska. With a high volume of walking and drive-by traffic, this area is highly sought after for new and established businesses alike.

The beautiful build-out has 9 stations for stylists and 4 sinks wi th space for an additional sink for future expansion. There are 2 make-up stations and one room available for use by an esthetician or massage therapist. Also in this space is a nail room, processing room, and a space for a washer and dryer.

Known for its exceptionally high quality of salon services as well as cheerful customer service, this business has built a loyal client base. Clients of this salon come from diverse backgrounds and from all areas of town. Because of its location, this business gets frequent out-of-town customers and several regularly returning clients who schedule their appointments around their trips to the city.

This business also sells high-end hair care products not available in most salons. Information on this product line is available in the package.

Years in Business: 40+
Location and Service Area: Omaha, NE
Client Demographics: High-end clientele, walk-ins
Lease: 2,200 sq. ft.
Reason for Selling: Focus on family
Employees: 1 (booth rental) with room for 7 additional stylists, 1 esthetician or massage therapist
Hours: M 9-3, T-F 9-7, Sat 8-4
Seller Training Period: Owner would like to stay on and continue as stylist
Growth Opportunities: Add stylists, add esthetician or massage therapist, advertise, add online booking, expand hours
Current Owner’s Responsibilities: Stylist

About the Business

Year Established:
1978
Number of Employees:
1
Real Estate:
Owned
Building Sq. Ft.:
2,200
Growth & Expansion:
Add stylists, add esthetician or massage therapist, advertise, add online booking, expand hours
Contact the Seller

About the Sale

Reason For Selling:
Focus on family
Training/Support:
Owner would like to stay on and continue as stylist
Seller Financing:
A 25% down payment of $27,500 returns $27,918 in the first year after debt

Listing Info

ID:
1492579
Ad Detail Views:
69

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U.S. Census Data for Douglas and Sarpy Counties, NE
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 Douglas and Sarpy Counties, NE
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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