Profitable Hair Salon for sale

Warren, Michigan (Macomb)

  • Asking Price: $49,900
  • Gross Income: $149,000
  • Cash Flow: $60,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206606
  • Established: Not Disclosed
  • Employees:

Business Description

Established, profitable full service salon and barber shop. 7 styling stations with room to add more, 4 dryer stations, 3 wash stations, break room, washer/dryer. Here's the best part, the owner will stay and continue to work there as a stylist and the purchaser will retain clients. Stylists work on a split and are paid as 1099 contractors. Seller currently does little marketing or advertising because of the long term customers, stylists and reputation. Approx. 75% female, 25% male customers. This is truly a turnkey opportunity to take over a profitable business with room to grow at the same time. 2017 Gross Sales $149,000, cash flow $60,000, rent $1,200 gross per month. Seller financing with only $30k down for serious, qualified buyer.

Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Michigan
Metropolitan Area: Warren
County: Macomb

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $49,900
Gross Revenue: $149,000
Cash Flow: $60,000
Seller Financing Available: Yes

Contact Business Seller

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Business Listed By:

James Dalessandro

Authority/Action Business Broker