Must retire soon, selling hair salon in Denver CO

Denver, CO
listing image
Asking Price:$25,000
Gross Revenue:$58,000
Rent:$1,950/Month
FF&E:$5,000
Cash Flow:$24,000
Inventory:$2,000
EBITDA:$42,150
Established Year:2020
BUSINESS DESCRIPTION

Motivated seller great for first time business! Do solo or with a team

This is a great opportunity to get into hair at a cheap price at a salon that is established and has more work that she can handle. Next to King Scooper supermarket and Dollar tree inside mini mall, walk in clients good. The problem is that this salon is understaffed. Currently my aunt owns a hair salon that as the only stylist she has to turn away customers many times as she has more work than she can handle. This is a difficult decision to walk away from what she loves, but at the right price she will retire after selling this salon.

New owner will have to staff the hair salon,
She takes in around 8 being the lowest to 25 customer a day while averaging 14 customers by herself. Men haircuts are 20$ women’s haircut are 30$. The salon has 8 stations.


DETAILED INFORMATION
Location
Denver, CO
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
01/07/2025
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Chairs, reception desk, inside a mall, near supermarket
Competition
N/a
Growth & Expansion
High growth potential as there is only one stylist at the location, needs a person willing to put some time and effort into the business instead of a auntie that just knows how to cut hair.
Support & Training
Can stay on for a few months
Reason for Selling
Retiring

BUSINESS LOCATION
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Kim Nguyen
Kim Nguyen