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Listing No.: 201-10046
Category: Beauty
Asking Price | $195,000.00 |
Down Payment | |
Gross Revenue | $565,006.00 |
Total Adjusted Net Income | $15,747.58 |
Equipment / Fixtures | $26,000.00 |
Year Established | 1994 |
General Location |
THE SALON AND BOUTIQUE THAT YOU WANT! Hot location! The success of this Salon is based on their great reputation since 1994 and their strong loyal customer base. Customers continue coming back for the quality services and relaxing atmosphere. Excellent well trained staff in place. The salon offers the new owner and immediate revenue stream with eight full and part-time stylists with over 100 years of combined experience. The Boutique is stocked with choice gifts and goodies, from jewelry to hand bags to college gear and gifts for men. Price includes both salon and boutique. This is a must see opportunity! Please call immediately for more details!
Gross Revenue | $565,006.00 | Listed Price | $195,000.00 |
Total Income | $15,747.58 | Down Payment |
Base Rent | $4,900.00 | Square Feet | 2100 |
Total Rent | $6,000.00 | Lease Expiration | 1/2021 |
Rent Deposit | $4,375.00 | Lease Options | 2 / 5 years |
Inventory | $100,000.00 | Leasehold Improvements | $63,000 |
Equipment / Fixtures | $26,000.00 | Other Assets |
Full-Time Employees | Training Period | Owne wants o stay on as a hair stylist after selling | |
Part-Time Employees | 10 | Special License Required | Cosmetologist License (for individual) and Salon license |
Contract Staff | Reason for Selling | Owner wants to be a stylist only |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.