Boutique, High-End Hair Salon

Albuquerque, NM

Seller Financing Available

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Asking Price:$149,900
Gross Revenue:$543,000
Rent:$3,000/Month
Established Year:1981
Cash Flow:$78,000
Inventory:$5,000
FF&E:$5,000
BUSINESS DESCRIPTION

High-end hair salon specializing in styling, cut and color. A lovely salon with a full-time reception and two stylists, with lots of room to expand. The salon is a perfect acquisition for a first-time salon owner, or an add on location for a business owner who already has a location.

The owner is looking to retire and sell this successful salon.


DETAILED INFORMATION
Location
Albuquerque, NM
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
30/06/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller owns the real estate and will sell the real estate or lease to a buyer.
Growth & Expansion
Salon has the capability to add 3-4 more stylists to increase revenues and customer base.
Financing
Minimum 40% down payment for a qualified buyer with industry experience.
Support & Training
Support through a reasonable training period.
Reason for Selling
Retirement
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Jeannie
Randolph
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Jeannie Randolph