Property ID : SPL25.243
For Sale $69,900.00 - Beauty/Hair Salon
- Established hair salon in business for over 20 years
- Located in the Trendy Neighborhood of the Arts
- Has a terrific reputation
- There are also 2 part time stylists that rent chairs at $ 300 a month each, and have agreed to stay on.
- The Owner is willing to stay on, and rent a chair at $175 a week
- There is plenty of parking available
- Hours of business are currently by appointment only
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- Furniture, Fixtures and Equipment at a Fair Market installed value of $ 15,000
- Inventory at cost of $ 5,000
- Gross Rent is $1,125 a month. The lease expires in 2021 and options to renew are available
- Current owner is collecting $600 a month in rental chairs and would be willing to pay another $700 a month to stay on with new owner.
- The asking price is $ 69,900 There is some owner financing available to a qualified buyer
After 20 years of operating this salon, the owner is looking to spend more time with family. This is a great opportunity for a stylist with a client base looking to own and operate their own salon. This salon is located in an ideal area. Currently hours of business are by appointment only, but if being open during normal hours, and with walk in clients, this could be a great opportunity for more revenue. .