Salon / Barber Shop For Sale
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 10 - 19
Inventory $25,000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training No limit, will continue to work there if desired.
Reason for Sale New business venture.
Description City Buzz located in Granite City, IL is the number one shop. 10 stations, waxing station, etc. Well designed and ample seating for the 700 plus clients that come weekly. Large parking, high visability, perfect location with 3 anchor properties to draw more income. Average weekly sales in excess of $9,000, total sales for last year - $423,000, list year will be well over $500,000. Asking price is $325,000 annual income is excess of $90,000 profit. All stylists on private contractors which saves payroll taxes, insurance, etc. This is a well established business, operating costs are low. Please only serious inquiries, no tire kickers. All showings, inquiries are confidential. Contact for more information on this salon / barber shop for sale.
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