Property ID : LB22.198
For Sale $125,000.00 - Beauty/Hair Salon
- An established and modern beauty salon and day spa, located in a suburb east of Rochester.
- Specializing in hair design, hair color, manicures, pedicures and make-up.
- 2,165 sq. ft. salon includes 10 hair stations and separate rooms for manicures/pedicures, color mixing, massages and skin care.
- Dedicated staff and loyal clients. Excellent online reviews.
- The furniture and equipment are modern and in excellent condition.
- Owner is willing to finance and train a qualified buyer.
- Currently open Tuesday through Saturday.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, fixtures and equipment, fair market installed value of $ 20,000
- Inventory (retail goods and supplies), valued at seller’s cost of $ 10,000
- Rent is $ 3,070/month. CAM and Taxes for 2017 were $ 2,165.
- Current lease expires in February 2021.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
|SALES||$ 302,388||$ 299,878||$ 283,117|
|SDE||$ 55,217||$ 60,757||$ 68,371|
- Asking price is $ 125,000.
- Seller financing is available to a qualified Buyer.
- Total, turnkey opportunity, no extra investment needed.
- Space is versatile and able to accommodate added services.