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Listed by:

Armen Nazarian Business Brokers

Established Hair Salon In Oakland County For Sale

Oakland County, Michigan, US
Asking Price:
$54,500
Sales Revenue:
$200,000
Cash Flow:
Not applicable

This is a great opportunity to own an established hair salon located in a beautiful downtown Oakland County area. Established in 2000, this 10-station salon is located on a highly traveled road surrounded by plenty of residential and commercial properties along with walk-by traffic. All equipment and fixtures are in excellent working order with some being recently replaced. Services include: hair design and cuts; color services; children cuts and so much more. The current owner does no advertise... a new owner or operator with some creative advertising and marketing, along with adding a website, expanding the hours, make-up services, being an esthetician, providing massage and tanning services, retail products and mani-pedi services, you have huge potential. Stylists are paid on 60/40 commission split level. This is a must-see or must-have business that will not last long. Owner will entertain all reasonable offers. Seller lives out of the country and ready to pass this great salon to a new owner.

Property Information

Real Estate:

Lease

Size in square feet:
1,800

Business Operation

Reasons for selling:

Lives out of Country

Employees:
3 FT / 4 PT
Years established:
23

Other Information

Support & training:

Seller will Train

Financing available:

$54,500 with $30,000 down. 8% int. amortized over 60 months

Inventory / Stock value:
$1,800