Asking Price: $96,000
Cash Flow: $49,320
Gross Revenue: $107,100
FF&E: $25,000 included
Inventory: $100
Rent: $3,560 /Month
Established: 1996
Business Description
Excellent opportunity to own a trendy full service hair salon in a high traffic, affluent location in a big shopping center anchored to a grocery store, major retail stores and restaurants. This family owned hair salon has been successful in the same location for over 20 years, it has 11 stations and 2 private rooms, 10 stations and both rooms are rented by stylists and there is a receptionist to greet and assist clients, manage appointments in the booking system and keep the salon clean. The monthly income well exceeds the expenses making it a great opportunity for stylist entrepreneurs, business investors and absentee owners as well. Financials assume owner operator. Buyer does not have to cut hair. Buyer who cuts hair will make additional money.
Detailed Information
Location: Jacksonville, Southside
Inventory:Included in asking price
Real Estate:LeasedBuilding SF:1,600Lease Expiration:3/1/2024
Employees:12
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:1600 Square foot salon located in a shopping Center with high traffic
Growth & Expansion: A full time owner could shift to a commission system over time to enhance profit. An owner who can cut hair will make more money.
Support & Training:2 weeks at no costReason for Selling:Discuss with seller