Estalbished, Profitable Hair & Nail Salon
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $78560
Net Profit / Cash Flow $54936
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 6 - 9
Inventory 29275
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will negotiate financing
Reason for Sale Retirement
Description Own a profitable 20+ year well established hair and nail salon centrally located in Northern Hartford County with direct access to all major highways. This business has an ideal location at the center of a busy consumer shopping and industrial hub. Included in the sale is all equipment, inventory, website, phone number, and $25,000 in leasehold improvements. Fully equipped with eight hair and two nail stations. Current owner rents all stations, operating one for herself. Stylists have their own clientele and pay weekly chair rental fees and insurance.
Buyer does not need to be licensed and can act as a landlord or salon manager. Business is stable and growing with strong local clientele. If qualified, the owner will consider financing 50% over a three year period.
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