Total of 18659 firms and businesses for sale today Saturday 11th May 2024
Time to Sell or Time to Buy !

Sold. Hair Salon In Downtown

LISTING DETAILS
Firms For Sale ID:
28570
Vendor reference:
8022-12-11
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Business opportunity:
Asking price:
$115,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$403,687
Net profit / cashflow:
$94,110
Years established:
2006
Trading hours:
Tues-Wed-Fri: 9-6; Thu: 11-8; Sat: 9-5
Number of employees:
3
Business website:

OTHER DETAILS
Reason for selling:
Seller wants full flexibility to travel abroad.
Financing available:
Negotiable
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
VR Business Sales Presents: In addition to its leading reputation and its stylish & vibrant decor, this reputable hair salon is a well established turnkey business with a solid profitability track record.

The Salon’s very professional & attractive web site is a clear reflection of the company’s vision and mission statement: "To provide a place for people who expect top notch, leading trends hairstyles from people who consider hairstyling their passion!" This Salon has won many awards for cutting, coloring, updo’s and makeup, and is one of the few salons in Edmonton offering Great Lengths extensions. Current design and space, totalling 1,250 square feet, includes 11 stylist chairs, 2-sink shampoo station, a coffee bar area and separate bathroom and staff/laundry room, which could easily allow a new buyer to have additional hairstylists and add additional services.

Asking price is based on "Discretionary Earnings" of $94,for a non-hairstylist owner. Discretionary Earnings of the current hairstylist/owner is $118,310. With such discretionary earnings and $10,000 of product inventory included in the asking price, this business is priced to sell in a heartbeat so CALL NOW!!! and don’t miss this opportunity!