2 Months - 5 New Stylists - $50,000 of New Sales!

Business
  • Listing# : 18672
  • Listed Price : $305,000
  • Total Sales : $759,796
  • SIC : 7231
  • Down Payment : $305,000
  • Status : Under Contract
  • Discretionary Earnings : $142,354

Business Type :

Beauty/Personal Care / Hair Salon

Business Description :

5 Experienced hair stylists were added in June to this successful salon. All 5 expect their clients to come with them as their old salon closed down. The owner expects revenue will increase by $28,000 to $30,000 PER MONTH!!  This is a highly Google rated full service salon and spa provides hair care, nail care, skin care, and massages. It has great opportunity to grow as there is still  plenty of physical room to add more stylists at the location in addition to continued local  population growth with higher household incomes. In addition to the 14 stylist stations, the 5 shampoo chairs, and the 4 dryer chairs, there are massage tables & chairs, pedicure chairs, and all the other equipment and facilities that can provide quality salon & spa experience to their clients. These personal services are offered in an attractive setting that was remodeled just a few years ago.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $27,000
    • Incl : Yes
    • Liabilities $14,832
    • Incl : Yes
    • FF&E $45,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $52,639
    • Incl : Yes
    • Total Assets $124,639
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Beauty/Personal Care
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