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Listing Number: 101-21214
Category: Beauty
Asking Price | $188,000 |
Down Payment | $150,000 |
Gross Revenue | $711,611 |
Total Adjusted Net Income | $88,591 |
Equipment / Fixtures | $30,000 |
Year Established | 2008 |
General Location | Syracuse, Layton, & Roy UT |
These are highly profitable, multi-location hair salons. Managers handle day to day operations and each location, owners spends roughly 10 hours per week operating the business. Ideal buyer is either an owner operator who is licensed to cut hair so they can be involved in the day to day details or someone who is not licensed but can work operationally to grow and run the business. Business remained steady and profitable even during COVID. All gross sales revenue can be verified through sellers tax returns. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away.
Gross Revenue | $711,611 | Listed Price | $188,000 |
Total Income | $88,591 | Down Payment | $150,000 |
Base Rent | $6,076 | Square Feet | 3600 |
Total Rent | $6,076 | Lease Expiration | 06/2023 |
Rent Deposit | Lease Options | 1/5 Years |
Inventory | Not Included | Leasehold Improvements | $150,000 |
Equipment / Fixtures | $30,000 | Other Assets |
Full-Time Employees | 18 | Training Period | 14 Days |
Part-Time Employees | Special License Required | Cosmetology License | |
Contract Staff | Reason for Selling | Seller is retiring. |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.