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Business for Sale

Hair & Tanning Salon in Rockingham County, NH
Rockingham County, NH

Listing #28574

   
Financial Information (non-confidential)
Asking Price $65,000.00 Gross Revenues $96,000.00
Down Payment $65,000.00 Owner’s Cash Flow $60,000.00

Financing: $65,000.00 Down and

Reason for Selling:

Beautiful hair studio and tanning salon for sale. Must sell now, so seller is practically giving it away. This hair studio and tanning salon has a rock-solid clientele, already established from over 10 years of excellent service. Great location. This type of loyal customer base is what buyers are looking for in a new business purchase. It will also give the new owner a 63% owner's cash flow to revenue, and a 1x multiple. This means it will take approximately 12 months to break even, and all profit after that (if business is run as it is today, without any efforts to improve business). The equipment includes seven chairs (more can be added)- four being women's style, and three being barbers. Salon actually has a 'mens zone'- a successful idea, implemented. Also includes two pedicure chairs, two nail stations, three level-four tanning beds and much more. The value of the new barber and pedicure chairs, alone, was $10,000- and $10,000 well spent. It is a beautiful salon, with a ton of potential to capture the surrounding traffic for a buyer who has strong marketing skills, is a good barber, and wants to make big money. Seller will stay after purchase up to 30 days, if needed, to make the transition a smooth and positive experience. This truly one of those deals that buyers look back on and wish they bought. Call now at 1-877-735-5224 to set up an appointment with the seller. kg
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
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Marie Goldstein

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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