Beauty Salon Inside Indoor Mall
Location Ontario,Canada
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1974
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Early retirement.
Description The current owners have operated this hair and beauty salon for sale for 35 years at the same indoor neighborhood mall location in east Toronto. This indoor mall is the local community shopping mall anchored by a Wal-mart at one end and a famous chain grocery store at the other. The two owners now wish to sell the business as one wants to retire, and the other wants to move back to his home country. They are therefore looking for an enthusiastic Buyer with the energy to reinvigorate the salon in a highly desirable indoor mall location with many new condominiums nearby.
The salon itself is 823 sq ft and has eight (8) work stations. Four (4) stations have built-in wash basins while the other four (4) shares two (2) separate wash stations. In addition to the two full-time owners, there are two part-time hairstylists working in the salon generating revenue and income for the Owners. Due to the extra number of workstation chairs available, an existing hair salon owner could expand the operation by adding on their current staff.
For more information, please email or call Doug Peng at (416) 225-7900 ext 266
Click Here To Contact Seller
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