Business Summary:
An ultra modern premium service salon that caters to all ages in a very nice and friendly atmosphere. Startegically located in very busy part of N.W. which is close to everything! Hours of operation are Tue-Fri 9-7, Mon & Sat 9-5, Sunday: closed. Owner has 3 allocated parking spaces @ $215/mo. Owner spared no expense to make the salon as appealing & chic as possible. He spent over $100k last year in renovations. Owner works in the salon and will happily work for new owner if need be. Owner has working for him: 3 receptionists, 2 assistants, and 1 stylist, so monthly payroll is: $14,320. In addition, he has 15 independant contractos working for him f/t and they rent chairs at $425/wk.Don't miss this very nice opportunity to own a well established & very successfull business.
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| Year
Business was Established: 1985 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
A state of the art salon that is well furnished. It is approximately 3500 sq/ft. Rent: $8,500/mo. and current lease expires in Dec. 2010. The landlord will happily provide a lot longer lease for new tenant (buyer!). |
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| Potential
Growth/Expansion:
possible if needed |
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| Competition:
Prime location in down town area that is constantly busy! |
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| Owner
willing to finance:
Up to 50% owner financing available |
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| Owner
willing to train:
2 weeks training |
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| Reason for selling:
retirement |
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Seller Reference Number: bm1694102776
BusinessMart.com Listing Number: 69296 |
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