Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

The Hatteras Group

Broker license number: 104396

Salon Boasts A Huge Cap Rate For Sale

Powder Springs, Georgia, US
Asking Price:
$340,000
Sales Revenue:
Not applicable
Cash Flow:
$36,574

WOW! SBA has waived all their fees until September 2021. Don’t miss this fabulous opportunity to own an income producing salon with real estate.
The price is based on last year’s rental income which was profoundly impacted by Covid. This once vibrant salon has 10 stations of which 5 are currently rented. Stylists rent their stations for 135.00 per week. The income potential with all 10 stations rented is 67,500! That would bring your cap rate up to 19%!!! There is also a 1,000 sq ft warehouse and small storage shed currently being used by owner that will be available for rent after closing. Land also includes 2 (3 if shed is removed) spaces for RV rental for additional income.

Property Information

Real Estate:

Real Property Included

Location:

Located on ½ acre on a high traffic road.

Business Operation

Expansion Potential:

Recruit new stylists to fill all ten stations for revenue of 67,500

Reasons for selling:

Retirement

Years established:
10

Other Information

Furniture / Fixtures value:
$10,000

Contact The Hatteras Group

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here