Well Established, Profitable Hair Salon
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $188647
Net Profit / Cash Flow $132816
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Three weeks
Reason for Sale Retiring moving out of sate
Description This salon provides all of the essentials in hair care services for men, women and children. Walking into the salon, one gets a very cool ''City'' vibe. The floor plan is very open and inviting. There are six stations for servicing hair design, a color station with two chairs, a manicure station and pedicure chair, along with three shampoo bowls.
This business is located on the ground level of an apartment building. Street parking and a church parking lot. Asking price $100,000.00, FF&E $44,407.00 and inventory $4,000.00 (not included in asking price). Monthly rent $1,500.00 lease expires December 2020 with 1 five year option. The leasing space is 1440 square feet. Call Sondra Yarbrough at 301-758-8128.
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