Beauty Salon For Sale
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $535000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1979
Number of Employees 20 - 34
Inventory 5000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Seller will support as necessary.
Reason for Sale Retirement
Description Salon (Hair, Facials, Nails) with long-time clientele in Upscale Suburban location in busy shopping center.
SALES: 2011: $537,248; 2010: $526,964; (Below Cap.)
ASKING PRICE: $155,000
CAPACITY: 23 Chairs: REASON FOR SALE: Retirement.
Real Estate Available for Lease Only and is to be negotiated with the Landlord.
LOCATION: UPSCALE/PREMIUM SUBURB
NOTE: During better years and when the Seller was younger, the sales ranged from $0.75 to $1.0 million.
Key Highlights: The business is located in a 3,400 sq. ft. street level shop with excellent visibility from from the 5-Lane central and busy boulevard.
STAFF CONFIGURATION BY SPECIALTY (Approximate):
17 Hairstylists
6 Shampoo girls (3 do styling as well)
3 Manicurists
1 Facial
6 Full time employees; 18 Part time.
FINANCIAL SUMMARY: Seller will be willing to help prospective buyers verify the sales of the company and basic operating expenses. Buyers are expected to form their own conclusions on what kind of cash flow they will expect to derive given the sales lever and the way they want to operation the business.
DISCLAIMER: Enterprise Development Resources, Inc. (EDR) makes no warranty or representation in connection with the information provided herein.
Elias E. Ladon of EDR is a Registered Representative with Reliance Worldwide Investments, LLC (1240 Barclay Boulevard, Buffalo Grove, IL 60089) through which securities transactions are conducted. Participants will be responsible for their representations and due diligence. NOTE: Real Estate Transactions will be carried via Pro-Classic Real Estate, Inc.
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