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) |
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Business Information
| Location: |
Richmond, VA |
| Year Established: |
2007 |
| Employees: |
9 |
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Listing Details
| Business Type: |
Established |
| Home Based: |
No |
| Category: |
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| Hair Salons > Retail |
| Listing Date: 08/26/2008 - 2:53:25 pm |
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| Contact Broker/Seller |
Contact the person selling this business by clicking the "Reply To Ad" button.
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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. |
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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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