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Business for Sale Summary

Established Hair Styling Business - 31094

Business Type: service businesses,beauty salon/ barber shop,misc. servicel/non-classifiable,other business services,spa / dayspa
Owner Financing
Established Hair Styling Business
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Financial Information (non-confidential)

General Information
Asking Price $163,500 Down Payment $81,500
Gross Revenues $159,493 Lease Remaining Register Free to View
Owner’s Cash Flow $53,575 Number of FT Employees Register Free to View

Financing

$81,500 Down and $82,000 at 8% over 60 months

Business Description

Business established in 1998 as a hairdressing franchise, in the shopping mall adjacent to their current location. The business was purchased in September 2001, and moved to its current location in 2003. The owner purchased the business independence from the franchise in 2008. This business provides all types of hair care services for women, men and kids. They are the value leader in the surrounded area, with nine stylist stations, three shampoo stations and three dryers. There are $50,000 book-value salon-specific leasehold improvements included. There is a lobby, waiting area, kids play area, enclosed office, luncheon room, color preparation and stock room and toilet. The current lease is month-by-month- new lease required. Owner is a stylist, willing to sign a five-mile, five-year non-compete agreement, and can be available for a 30-day transition period. Please contact the broker at 1-877-735-5224 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.