Barber & Beauty Salon For Sale
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $230000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 4 - 5
Inventory 55000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Available
Reason for Sale Out of area - owns other businesses out of town
Description This high end barber and beauty salon shop business for sale is located in a prime, affluent area of south Baton Rouge on a major 4 lane highway. One of the nicest of its kind, space is newly renovated and very clean. Business has been profitable for several years and has a large cliental base. Business is only open four days a week and operational hours could be expanded. This opportunity would be ideal for an owner operator. Current owner lives out of town and is unable to supervise business from a far due to other businesses he owns and operates.
Baton Rouge, La the state capital of Louisiana is a very large metropolitan city with all the amenities. Unemployment is very low and the metro area is showing exceptional growth. Home to 3 major colleges/universities including LSU and Southern, along with several smaller others. The combined student body of 60,000+ provides an abundant student workforce. There is plenty of affordable housing and the public suburb schools are superior. The metro area has a very diverse employment base that weathers economic downturns very well. It includes a top 10 port, a very large petro chemical industrial base with $10's of billions of new plant construction underway, massive state employment, massive employment by higher education and being a major commercial center for a large region of the state along with being a major medical center for that same region. Recreational activities abound. All agree there is nothing like LSU tiger stadium on Saturday night. All that New Orleans, La has to offer is only an hour drive down the interstate.
Owner is highly motivated to sell and is ready to sell as soon as possible. Seller will seriously consider and review all reasonable offers. Seller will help train new owner on this easy to own and operate business. Owner will consider some seller financing for a qualified buyer with a reasonable down payment. Contact us today for more information.
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