Wow! Upscale Hair Salon Studio with 18 rentable spaces. Perfect for an absentee owner or a hair stylist that wants additional income without having employees. 5 separate rooms (4 are rented to hair stylists, 1 is rented to an esthetician) and 8 chair stations in the open part of the salon. Salon rental income is on track to generate $183,000 for 2023. Located in a thriving, affluent part of town, within walking distance of the city’s bustling main avenue. Most of the stylists have been renting their rooms &/or stations for over 10 years. The seller is willing to stay on and rent back a station. Each station and room have its own locker and storage area. This business is being sold along with its location, a commercial condominium.
- Asking Price:
- $1,650,000 Furniture / Fixtures included
- Sales Revenue:
- $183,000
- Cash Flow:
- $150,956
Property Information
- Real Estate:
-
Real Property Included
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Tuesday - Saturday 9 AM - 10 PM
- Employees:
- 1
- Years established:
- 12
Other Information
- Support & training:
-
2 weeks at no cost
- Furniture / Fixtures value:
- $100,000 - included in the asking price
