HAIR SALON - #9513


Financial Information
Asking Price: $225,000
Gross: $411,000
Cash Flow: $83,000
Furn., Fixt., Equip.: $105,000 (included in asking)
Inventory: $20,000 (included in asking)

Business Information
Location: Richmond, VA
Year Established: 2007
Employees: 9

Listing Details
Business Type: Established
Home Based: No
Category:
Hair Salons > Retail
Listing Date: 08/26/2008 - 2:53:25 pm

Reason for Selling
  Other interests

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 Broker/Seller Info
Contact Name:
  Roy Huffman
Business Name:
  First National Business Corp.
Phone Number:
  (866) 800-0990
Website:
  Visit Website >>

 Listing Disclaimer
The information contained within this business listing is provided by the broker/seller who published it. BizHwy cannot guarantee its accuracy or completeness, and assumes no responsibility for its content.

 Business Summary

HAIR SALON: This is a full service salon and spa which offers hair care, massage, nail care and waxing services, at extremely competitive salon services rates. This salon and spa was closed for a month last year and completely redone. The salon and Spa has had tremendous response to the changes. She has been able to retire her initial purchase of the salon ($170,000) in 2006 and nearly retire the $80,000 remodel / refurbish loan since taking over the studio. This is a tremendous opportunity for an owner operator to have a net income of over $150,000. The business is situated in a growing retail area north of Richmond. Current stylists enjoy the money making opportunity this salon provides and will help the next owner maintain and grow the customer base.



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