| Asking Price |
$55,000 | Inventory |
$6,000** |
|---|---|---|---|
| Gross Income |
$225,000 | Real Estate |
|
| Cash Flow |
$60,000 | Year Established | 1984 |
| FF&E |
$30,000* | Employees | 8 |
* included in the asking price
** not included in the asking price
This is a well established profitable salon is located in a busy area with plenty of available parking spaces. The extensive amount of quipment and furnishings used in the salon and leasehold improvements made by current owner would cost $70,000 if purchased new. This is a one of the kind opportunity. The new owner walks into an established, profitable business with experienced staff and great following of loyal customers.
Facilities: This Salon is 1200 sq ft and lease is transferable. There are 7 stations, 4 hair dryers, 1 facial chair, reception desk, telephone, credit card machine, washer & dryer, TV,stero,2 refrigerators, all hair related inventory & furniture in waiting are. Salon is attractive & well kept.
Competition: Attractive salon on one of the busiest streets in a large residential area. Facility shows well from the street with a clean, modern, upbeat look. Salon has large established customer base and appeals to all ages. There are other salons close by, but none have the established history of this one.
Growth/Expansion: The revenues of the salon have been consistent. Additional revenue could be generated by a more complete advertising programs and by more focused advertising of services with the creation of a web site.
Financing: Yes
Support/Training: Seller will continue for 6 months to one year with a minimum commission of 60% on worked performed.
Reason Selling: Seller wants to spend more time with her family

Tom Holmes
937-360-3650
Lazarus Financial Group
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