Unique and Fun Hair Salon!

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Business Description

The owner is wanting to sell but would like to stay on board as a stylist. They know their limitations with managing the books and finances, but are phenomenal at growing stylists, training, and instilling creativity.

This could be a great situation for either an active owner involved in management and replacing front desk staff, or for a buyer who is a stylist and can do the books on the side.

The seller is willing to owner finance a significant portion down, and is willing to stay on board for at least 3 years as a stylist. They are very flexible to multiple options, but are committed to making sure a buyer is successful!

About the Business

Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Amount/Mo.:
$2,000.00
Lease Expiration:
11/1/2020
Facilities:
Buildout is very clean and bright with great colors and boutique like. There is room from adding 2 more chairs and additional retail.
Growth & Expansion:
There is room for an additional 2 chairs, along with 4 more stylists if booth sharing.
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About the Sale

Reason For Selling:
Would like to go to back to being a stylist full time.
Training/Support:
Seller is willing to train as much as necessary, and willing to stay on at minimum 3 years as a stylist, which would including supporting and training a new owner as needed.

Listing Info

ID:
1445047
Ad Detail Views:
168
Asking Price:
$139,500

Gross Revenue:
$360,000
Cash Flow:
$80,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Listed by

Julie Rossi

Parkwest Business Partners

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