This business is priced very competitively as the sale's price almost equals the assets that are part of the sale. This salon has been open over 20 years and has many longer term customer clients. It is located convenient to lots of shopping with plenty of parking spots. The salon currently has 15 stylist renters but has 25 chairs and 8 hair washing stations. This allows for a significant growth opportunity.
- Asking Price:
- $45,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $147,302
- Cash Flow:
- $6,661
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The salon leases 2,462 square feet in a large stripe center surrounded by other large stripe centers and a number big box stores. This all is located conveniently just off a Minnesota highway. The salon is in good repair and has good space for both the stylists and the waiting area. In addition, there is plenty of parking spaces for the salon's clients as well as the other businesses within the stripe center.
Business Operation
- Expansion Potential:
-
With only 15 stylists currently, but 25 stations, there is great opportunity for growth, not counting stylists sharing a station during different hours. There is more than ample parking for the clients.
- Competition / Market:
-
Obviously, there are other salons in the surrounding area.
- Reasons for selling:
-
No longer wishes the responsibility of salon ownership.
- Trading hours:
-
Tuesday-Saturday 11am-7pm
- Employees:
- 1 FT
- Years established:
- 20
Other Information
- Support & training:
-
Will train for 3 weeks @ $0 cost.
- Furniture / Fixtures value:
- $21,546 - included in the asking price
- Inventory / Stock value:
- $4,500 - included in the asking price
- Relocatable:
- This business can be relocated.
