MergerPlace

Hair Salon for Sale in NE Calgary

Alberta


  • Asking Price: $60,000
  • Gross Income: $170,555
  • Cash Flow: $92,749
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $10,000
  • Listing ID: #199289
  • Established: 1987
  • Employees: 1 FT

Business Description

Well established, community-based hair salon in Northeast Calgary. Located in the same strip mall for over thirty years with a busy convenience store as an anchor tenant. Operated by one owner and one full-time employee with many long-term clients, ranging in age from children to seniors.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Alberta

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $60,000
Gross Revenue: $170,555
Cash Flow: $92,749
FF&E: $10,000
Inventory: $10,000
Seller Financing Available: Yes

Property Information

Facilities:

There are two chairs (with room for a third) in an efficiently designed space of 385 sq ft. The owner has renovated on a regular basis over the past thirty years to keep things fresh. The last time was three years ago.

Growth & expansion opportunities:

An additional chair could be installed and rented out to a stylist with clients. Even a minimal amount of advertising could increase awareness and attract new clients.

Competition:

There are other salons in the area. The key to the owner's success is great service and keeping on top of the latest trends and technology.

Reason for selling:

Retiring after operating the business for 30 years.

Support & Training:

Will train for 1 week @ no cost. They offer cuts, colors, perms, sets, styling, and a limited amount of waxing. An Alberta Hair Dressing License is required.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Steven Fylypchuk

Murphy Business Brokers