Profitable Hair Salon With Loyal Customer Base
Pima County, AZ
| Asking Price: | $96,000 |
| Gross Revenue: | $129,122 |
| Rent: | $3,500 |
| Established Year: | 1998 |
| Cash Flow: | $39,414 |
| Inventory: | $6,800 |
| FF&E: | $15,000 |
Listing ID: 2312424Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well established hair salon with loyal customer base. Business has been operating profitably for 26 years from the same location. Current owner has been a part of the business for 20 years and has been the owner for 14 of those.
The business is open daily with fully booked appointments. There is minimal salon competition in the area and the business continues to attract new clientele.
The business has a reputation for quality service and this can be verified in the client reviews.
DETAILED INFORMATION
Location
Pima County, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
31/03/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Option to renew available
FF&E General Condition: The premises have been well maintained and the equipment is all in good working order.
Competition
There is very little nearby salon competition.
Growth & Expansion
The Salon is equipped with 6 chairs and currently 4 are being utilized. There is room for additional growth as a result.
Expansion of complementary services would also add additional growth opportunities.
Seller is interested in staying on post sale and renting one of the chairs in the business. This would provide additional revenue and client retention.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Change of circumstances
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