| Asking Price |
$78,000 | Inventory |
$4,500* |
|---|---|---|---|
| Gross Income |
$293,000 | Real Estate |
|
| Cash Flow |
$40,000 | Year Established | 2006 |
| FF&E |
$25,000* | Employees | 4ft 3pt |
* included in the asking price
** not included in the asking price
This is a well established profitable salon located in a busy strip mall has plenty of parking. The extensive amount of equipment and furnishings used in the salon & leasehold improvements made by current owner would cost at least $35,000 if purchased new. The salon is busy with a great following of loyal customers. Experienced stylists would like to stay on with new owner, making this a turn-key business. With everything already in place, this is a "one of a kind" opportunity.
Facilities: Salon is 1,600 sq ft and lease is transferable. All equipment, supplies & furnishings are included. Salon is attractive & well kept. It can easily be expanded to over 3000 sq ft if desired as the strip mall in which the salon is located has an open finished area just behind & that can be only entered through the salon. There are 7 hair stations, 2 shampoo bowls, 2 hair dryers, reception area with desk, telephone, credit card machine, TV,stero, refrigerator, washer & dryer & inventory of popular dyes, perms,shampoos, & conditioners.
Competition: Salon is well established, in an excellent strip mall location and in close proximity to thousands of residents & local businesses. Salon has a large established customer base. Facility has a clean, modern, & upbeat feeling.
Growth/Expansion: Revenues of the salon have been consistent.
Support/Training: Seller prefers to continue working for new owner
Reason Selling: Seller wants to spend more time with family

Tom Holmes
937-360-3650
Lazarus Financial Group
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