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Listed by:

Armen Nazarian Business Brokers

Upscale Hair Salon And Spa For Sale

Oakland County, Michigan, US
Asking Price:
$149,900
Sales Revenue:
$287,465
Cash Flow:
$63,678

This is a great opportunity to own an upscale Hair Salon & Spa in Oakland County. Established in 2009, this state-of-the-art salon recently went through a complete remodel and looks immaculate, with a neutral spa design that is serene calming and esthetically pleasing to all the senses. Surrounded by plenty of residential and commercial properties, this salon is in a shopping center with major tenants and on a highly travelled road. All furniture, fixtures & equipment are in excellent condition! Salon carries the finest color line and retail products available on the market! Services include Hair Design, Cuts, Color, Facials, Make-Up, Micro-Dermabrasion, Exfoliation Treatment, Waxing, Mani/Pedi, Kids Cuts, Massages and so much more. The current owner does not advertise... As a new owner/operator with some creative advertising and marketing, along with opening additional days, expanding the hours, adding services and joining the Chamber of Commerce, you have HUGE potential. Stylists are paid on a commission-split basis. This is a must-see or must-have business that will not disappoint or last long. The seller will entertain all reasonable offers!

Property Information

Real Estate:

Lease

Location:

Surrounded by plenty of residential and commercial properties, this salon is in a shopping center with major tenants and on a highly travelled road.

Premises Details:

All furniture, fixtures & equipment are in excellent condition! Salon carries the finest color line and retail products available on the market! Services include Hair Design, Cuts, Color, Facials, Make-Up, Micro-Dermabrasion, Exfoliation Treatment, Waxing, Mani/Padi, Kids Cuts, Messages and so much more.

Size in square feet:
2,800

Business Operation

Expansion Potential:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening addition days, expanding the hours, addition services and joining the Chamber of Commerce, you have HUGE potential.

Reasons for selling:

Family Obligations

Employees:
2 FT / 3 PT
Years established:
14

Other Information

Support & training:

Seller will Train

Financing available:

$149,900 with $75,000 down. 8% int., amortized over 60 months

Inventory / Stock value:
$6,000