Clean, Fresh Salon!

Undisclosed Address, Nebraska
Business Opportunity for Sale
Catylist Listing ID: 30612129
Property Subtypes: Hair and Beauty
Building Size (RSF): See Agent
Sale Price: $60,000
Year Business Established: 1990
Gross Revenue: $402,825 (Annual)
Cash Flow: $42,137 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Structured as asset sale
Last Updated: 10/24/2020

Overview / Comments

Great salon with a passion for highlights and style. Eight chairs with immediate potential to increase gross revenues by 25%. Great stylists in place, motivated by commissions. Davines exclusive salon.

Business History: Re-opened in 2019 by a strong woman with entrepreneurship in the family and a passion for education and beauty Seller will transition her own hair and lash extensions and tanning at home at a location in another town.

Additional Details

Industry Segment: Beauty Salons and Barber Shops
Reason for Selling: Seller moving to home-based manufacturing business
Value of Inventory Included ($): $10,000
Value of Furniture, Fixtures, and Equipment ($): $12,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Transferable, Lease Expiration Date: April 1, 2025
Employee/Labor Description: Number of Employees (Mgrs) 1 Number of Employees (FT) 6
Mgmt/Training Support Description: Cost of Training $0.00 Number of Weeks Seller Will Offer Training 2
Competition/Market Description: Competitive Overview: No salons that are commission-based near current location. Good businesses nearby in the plaza provide synergy.
Growth/Expansion Opportunities: Potential Growth: Expand marketing efforts - currently only on Facebook; should also add a web site and search engine marketing and network for more stylists and customers.
Seller Financing Description: Negotiable


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