Predominantly African American Hair Salon & Store For Sale

Business description

This listing includes 2 locations along with equipment for a 3rd location. Primary location has 3 stylists paying booth rent and room for 1 additional stylist. In addition, this location offers African American hair products for retail sale. 2nd Location has 4 stylists paying booth rent. Business is currently run by an absentee owner, providing significant potential to a more active owner.

Property information

Real Estate:

Lease

Lease terms:

1st Location is in a busy strip center in Grovetown, GA - Located near the gate of Fort Gordon. 3 years remaining of a 5 year lease. 2nd Location is in Augusta, GA. Yearly lease is renewable.

Location:

1st Location is in a busy strip center in Grovetown, GA - Located near the gate of Fort Gordon. 2nd Location is in Augusta, GA.

Other information

Expansion potential:

Both of the existing locations can accomodate additional stylists. Equipment for a 3rd location is included in selling price.

Competition / Market:

Very limited direct competition.

Support & training:

Current owner is absentee, and not a licensed stylist. Training on business aspect will be provided.

Reasons for selling:

Relocation with military.

Trading hours:

Tues - Sat

Furniture / Fixtures value:

$20,000

Inventory / Stock value:

$4,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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