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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: motivoweb@gmail.com

Long Established Hair Salon

Long Established Hair Salon

Oakland County

Listing#: C2606
Description

This is an excellent opportunity to own a long-established and beautiful hair salon in Troy, MI. It is located in a nice plaza on a busy hard corner with great visibility. It is fully equipped and turn key. The salon has 6 hair stations and 1 manicure station. Services include Hair Cuts, Color Services, Styling, Manicure, and much more.  This Salon is an authorized Goldwell Salon specializing in color and color correction. They also sell a variety of professional haircare products.

This Salon has a great reputation in the neighborhood and it has been serving its customers for over 30 years. The current owner only operates the salon 4 days a week. A new owner can generate additional income by extending the hours. There are many residential neighborhoods and new developments surrounding the salon. Don’t miss out on this amazing opportunity to own your own salon.

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Business Overview

Revenue $127,173
Cash Flow $25,934
Inventory $5,000 +/-
Year Established 1985
Seller Financing No
Employees 0FT 2PT
Asking Price $35,000
Key Statistics
  • Hours of Operation: Tue-Thurs: 9am-8pm, Fri: 9am-5pm, Sat: 9am-4pm

  • Employees: 0 Full Time 2 Part Time

  • Year Established: 1985

  • Year Acquired: 1985

  • Liscence Required: Sales Tax

  • Seats: 7

  • Parking: Ample

Financial Information
  • Gross Sales: $127,173

  • Source: Tax Returns

  • Cash Flow: $25,934

  • Source: Tax Returns

  • Inventory Value: 5,000 +/-

Seller Financing
Not Available


Location
  • Monthly Rent: $$920 + $78.69 Insurance

  • Lease Terms: Modified Gross

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