Hair Salon Net $109,000-Only 10% Down

Business
  • Listing# : 18367
  • Listed Price : $200,000
  • Total Sales : $730,625
  • SIC : 723101
  • Down Payment : $20,000
  • Status : Active
  • Discretionary Earnings : $109,586

Business Type :

Beauty/Personal Care / Hair Salon

Business Description :

You only need 10% ($20,000) down to purchase this successful businesses! This business has already been lender approved. You will earn $78,640 (after paying loan) first year getting your 10% back in 3.5 months!!

This beautiful Salon with a great location has a long standing reputation in the area appealing to all ages & types of clients. Their salon has a great “salon client” base that makes up for 24% of the revenue produced with walk in and call in clients not committed to any one service provider and are happy with various service providers.

  • Average daily revenue produced with most present staff
  • Great reputation : Within surrounding areas since 1997
  • Location and surrounding demographics of mid-high average income levels
  • Appearance: Salon is fresh, very clean and modern does not need any immediate changes.
  • Owner willing to stay on for a long period of time if wanted

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $20,000
    • Incl : No
    • Liabilities $0
    • Incl :
    • FF&E $100,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $90,000
    • Incl : Yes
    • Total Assets $190,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Beauty/Personal Care