This is a great opportunity to own a well-established Hair Salon in Oakland County. Established in 1991, this 1,300 sq ft salon features 8 stations and is in a busy strip plaza. Located on a high-traffic road near a major intersection surrounded by strong commercial businesses and dense residential neighborhoods. This salon offers haircuts, color services, highlights, styling, blowouts, treatments, and much more. Current owner does no advertising, a new owner/operator with some creative advertising/marketing along with adding an active social media presence, more stylists, online booking/appointment management, a loyalty/referral program, and expanded service offerings and hours, you have HUGE potential. A must-see, must-have business that will not last long! Turn-key operation only needing a new owner/operator! Seller will train and entertain all reasonable offers! Perfect for a husband/wife team or family run business!
- Asking Price:
- $95,000 Furniture / Fixtures included
- Sales Revenue:
- $100K - $250K
- Cash Flow:
- $50K - $100K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
New Lease Required
- Leasehold Rent:
-
$2,300 per annum
- Location:
-
This is a great opportunity to own a well-established Hair Salon in Oakland County. Established in 1991, this 1,300 sq ft salon features 8 stations and is in a busy strip plaza. Located on a high-traffic road near a major intersection surrounded by strong commercial businesses and dense residential neighborhoods.
- Size in square feet:
- 1,300
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
A new owner/operator with some creative advertising/marketing along with adding an active social media presence, more stylists, online booking/appointment management, a loyalty/referral program, and expanded service offerings and hours, you have HUGE potential.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Mon-Tue 9am-3pm / Wed-Fri 9am-6pm / Sat 9am-4pm / Sun 10am-3pm
- Employees:
- 2 FT / 2 PT
- Years established:
- 35
Other Information
- Support & training:
-
Seller will help train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$95,000 with $40,000 down, 8% int., amortized over 60 months
- Inventory / Stock value:
- $2,500
