Absentee Upscale Hair Salon In Hillcrest For Sale

Business description

Price Just Reduced! This salon is an absolute must see! The owner invested over $100,000 in the build out of this beautiful salon equipped with 10 hair stations and 3 wash stations. This business was also Recently Voted Best Hair Salon by a very popular local magazine! The salon is currently being run absentee and has 5 booth renters and 2 other stylists currently on a 50/50 commission split. This is the perfect opportunity for a hair stylist to take over and benefit from all of the overhead being paid for by the booth rental income plus additional passive PROFIT! Call immediately for more information and to schedule a tour!

Property information

Real Estate:

Lease

Lease terms:

Leased location of 1050 sq ft with a total rent of $2,700. Seller is not active in the business with 2 PT employees and 5 Contract Laborers. $120,000 Leasehold Improvements.

Leasehold rent:

$2,700 per annum

Business Operation

Reasons for selling:

Another Full Time Business Opportunity

Trading hours:

11 - 8 Tues - Thurs; 10 - 7 W, F, Sat

Employees:

2 PT; 5 Contract

Years established:

2

Other information

Support & training:

2 weeks

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$60k DP; Balance SCN for 36 months at 6%

Inventory / Stock value:

$5,000 (included in the asking price)