A very reputable hair salon in Wichita has an extensive history of providing incredible service while delivering high-quality and up-to-date hair styles. The salon has always been at the forefront of hair styles and techniques throughout it's existence. The owner has regularly gone to Paris and New York to learn and teach the most up-to-date trends.
- Asking Price:
- $95,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $282,059
- Cash Flow:
- $49,716
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $2,253.00
Square Units (Foot, Meter): 1,800
Lease Expiration Date: March 29, 2025, 10:00:00 PM
Business Operation
- Expansion Potential:
-
There are great growth opportunities with the existing clients via more styling and also with sale of products. Obviously there are more potential clients that could be reached through more robust marketing techniques. Finally, other services could be offered, for example hair extensions, botox, lip fillers. and make up artists.
- Competition / Market:
-
The current salon market is oversaturated, but that has become a positive because the salon has become synonymous with superior quality.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Tuesday 8:00am - 6:00pm, Wednesday 8:00am - 6:00pm, Thursday 8:00am - 8:00pm, Friday 8:00am - 6:00pm, Saturday 8:00am - 4:30pm
- Employees:
- 5
- Years established:
- 29
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $44,500 - included in the asking price
- Inventory / Stock value:
- $22,500 - included in the asking price
- Relocatable:
- This business can be relocated.
