HAIR SALON - #9513
Location: Virginia > Richmond County > Richmond
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $225,000
Gross Revenue: $411,000
Cash Flow: $83,000
Inventory: $20,000 (Included in Asking Price)
FF&E: $105,000 (Included in Asking Price)
Seller Financing: No
Business Summary
HAIR SALON: This is a full service salon and spa which offers hair care, massage, nail care and waxing services, at extremely competitive salon services rates. This salon and spa was closed for a month last year and completely redone. The salon and Spa has had tremendous response to the changes. She has been able to retire her initial purchase of the salon ($170,000) in 2006 and nearly retire the $80,000 remodel / refurbish loan since taking over the studio. This is a tremendous opportunity for an owner operator to have a net income of over $150,000. The business is situated in a growing retail area north of Richmond. Current stylists enjoy the money making opportunity this salon provides and will help the next owner maintain and grow the customer base.
About the Business
Year Established: 2007
Employees: 7 full time - 2 part time
Facilities: Lease Amount: $4,509 per month
About the Sale
Management Training and Support: Seller would work with the new period for up to 3 months
Reason For Selling: Other interests

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Listing Tools
BizQuest ID:917534
Seller ID:9513
Business Listed By
Name:Robert Ensley
Company:First National Business Corporation
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