Hair Salon w/motivated seller for sale in Berlin Tpke, CT
Berlin Tpke, Connecticut (CT)
Asking Price:
Gross:
Cash Flow:
$ 30,000
$ 157,977
$ 68,547
Furniture and Fixtures Value: $ 45,000 (included in the asking price)
Inventory Value: $ 4,000 (included in the asking price)
Business Summary: Well maintained salon with 6 styling stations, 3 chemical stations, 4 sinks, 6 dryers, massage room, tanning booth, nail station, retail product area, storage areas for perm product, storage area for color product, washer and dryer, commercial hot water heater, etc. Loyal customer following. This place is turnkey, you walk in and you are in business. Great for hairdresser who wants own place!
Year
Business was Established: 1965
Number of Employees:
4PT
Facilities / Terms of Lease:
Great facility, lease is up, will help negotiate new lease with building owner.
Potential
Growth/Expansion:
Due to length of operation owner relies heavily on word of mouth and years of exposure, new invigorated owner could increase volume through advertisng and networking. Lots of construction in area adding new sources of clientele.
Competition:
Located on high traffic RT 15, south of Hartford, there are many other Salons, but traffic level will support them all.
Owner
willing to finance:
$20,000 over 2 years @ 7% with $25,000 down
Owner
willing to train:
Yes, new owner needs to be licensed Hairdresser
Reason for selling:
Owner is 77 wants to phase into retirement.
