Property Details

Must See East Side Beauty Salon and Spa - Monroe County

Property ID : LB22.198

For Sale $99,000.00 - Beauty/Hair Salon

DESCRIPTION:

  • 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

 LEASE ARRANGEMENTS:

  • 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):

 

 2017  2016  2015
SALES $ 302,388 $ 299,878 $ 283,117
SDE $   55,217 $   60,757 $   68,371

 PRICE/FINANCING:

  • Asking price is $ 99,000.
  • Seller financing is available to a qualified Buyer.

 COMMENTS:

  • Total, turnkey opportunity, no extra investment needed.
  • Space is versatile and able to accommodate added services.

Agent Lou Bellanca

Lou-Bellanca1
  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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