Established Billings Salon In Montana For Sale

Business description

This respected Salon has been serving Billings and nearby communities for over thirty years. Hard work and dedication have created a diverse, multi-generational, repeat client base. The Salon attracts successful experienced stylists and experiences low turnover rates.

The facility is well maintained, nicely decorated, and spotlessly clean. There is ample space for the display of items for retail sale as well as designated areas for manicures and pedicures. The location is familiar to customers, and is well located on an arterial street that sees significant daily traffic averages.

Now is the time to begin the next phase of the successful history of this Salon. This is a prime opportunity to acquire an established, well known salon without concerns of the owners becoming competitors in the market.


Inclusions
The sale includes is all furniture, fixtures and equipment necessary to operate the business. This includes tenant improvements, business trade name and good will, covenant not to compete, leasehold rights and customer and vendor lists. The owner is retiring, but will stay for a limited time to train and assist a new owner in learning the business, if desired. The product inventory of approximately $2,000 to $3,000 will be sold to the buyer at seller’s cost.


Employees/Hours
Not including the owner, the salon has four full time stylists, one full time stylist/nail tech, and one part time nail tech. All of the stylists/techs are on booth rent status. Hours of operation are from 9:00am to 6:00pm Monday – Friday and 8:00am to 4:00pm on Saturday. The salon is closed on Sunday.


History
The salon was purchased by the current owners in 2001, but has been in business for over thirty years and has been an anchor tenant in the same retail complex for nearly twenty-five years. Today, the owners are ready to retire. Neither owner has expressed any desire to remain in the business in Billings following a successful sale. It is anticipated that the owner’s clientele will remain with the salon.


Real Estate
The salon is in a 1,800 SqFt leased location in a retail complex. The space features a comfortable waiting area, room for seven stylist chairs, a pedicure and manicure room, a break room with washer and dryer, space to display retail items, and plenty of parking.


Equipment
The sale includes all of the salon furnishings and fixtures necessary to operate the business.


Financial Information
Complete financial information about this business is available from Chris Ervin by clicking on the contact seller button below.

Additional Information
Complete information concerning this business can be obtained from Chris Ervin by clicking on the contact seller button below.

Sale Price Terms
Sale Price for the Business, equipment, and fixtures is $39,900 plus inventory of retail items in the approximate amount of $3,000.


Tours of the Business
Can be arranged through Chris Ervin by clicking on the contact seller button below.

Confidentiality Policy (Please Read)
All buyers must register and agree to a non-disclosure agreement.


Contact Information
Chris Ervin by clicking on the contact seller button below.

Property information

Real Estate:

Lease

Location:

The location is familiar to customers, and is well located on an arterial street that sees significant daily traffic averages.

Premises details:

The facility is well maintained, nicely decorated, and spotlessly clean. There is ample space for the display of items for retail sale as well as designated areas for manicures and pedicures. The space features a comfortable waiting area, room for seven stylist chairs, a pedicure and manicure room, a break room with washer and dryer, and plenty of parking.

Business Operation

Expansion potential:

Complete information about this business is available from Chris Ervin of Yellowstone Business Acquisitions. All buyers seeking information about this business will be required to register at www.yellowstonebusiness.com

Competition / Market:

Complete information about this business is available from Chris Ervin of Yellowstone Business Acquisitions. All buyers seeking information about this business will be required to register at www.yellowstonebusiness.com

Reasons for selling:

Retirement

Trading hours:

Hours of operation are from 9:00am to 6:00pm Monday – Friday and 8:00am to 4:00pm on Saturday. The salon is closed on Sunday.

Employees:

7

Years established:

30 +

Other information

Support & training:

Owner will possibly assist a new buyer for two months

Inventory / Stock value:

$3,000

Relocatable:

This business can be relocated.