Property Details

Hair Salon Located in the Trendy “Neighborhood of the Arts” - Monroe County

Property ID : SPL25.243

For Sale $69,900.00 - Beauty/Hair Salon

DESCRIPTION:

  • 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

 LEASE ARRANGEMENTS:

  • 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.

REPORTED SALES:                           

                                 

2016 2015 2014
SALES 69,569 72,857 74,538

    PRICE/FINANCING:

  •  The asking price is $ 69,900  There is some owner financing available to a qualified buyer

 COMMENTS:

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. .

Agent Stuart Levy

Stuart-Levy1
  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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