| Asking Price |
$55,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$108,862 | Real Estate |
|
| Cash Flow |
$20,699 | Year Established | 1995 |
| FF&E |
N/A | Employees | 3 |
* included in the asking price
** not included in the asking price
This well established Salon,Nail,Tanning & Hair Care business is upscale with lots of leasehold improvements, excellent reputation with the locals. Owners wife is willing to stay on with the new owners. This business is ready for an owner/ operator to step in and build on the incredible growth opportunities.
Facilities: Business is located in a high foot traffic busy shopping center. The Salon has 4-stylst stations 2-shampoo stations and dryers, a nail station and tanning booth.The building is 1,100sq.ft., The rent is $3,100 mo. lease expires 3/10/07 with a 5yr. option. Incredible growth opportunities for an owner operator in this upscale community.
Competition: There is little competition,65% of their revenue is from sales of retail hair care products which is name brand items.
Growth/Expansion: The owners wife is a fulltime stylst,they have a partime stylst, the owner isn't licensed to style hair,they have had a difficult time getting full time stylst. The business would certainly support two more stylst.
Support/Training: 2-weeks, 20-hours per week.
Reason Selling: Seller has other business interests.

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