- City Grand Rapids
- State Michigan
- CountryUnited States
Not Relocatable
This Hair Salon is located in a busy strip mall anchored by a popular restaurant and several other successful retailers, is a 2,500 sq. ft. salon offering manicures, pedicures and massages, as well as a complete line of hair and beauty products.
The stylists play host to an impressive client base of well over 700, all the while maintaining an immaculate facility.
The owner purchased the salon in 2002, ($32,500 of NEW fixtures and equipment are in addition to the original build-out), and would like to remain as a stylist, but wishes to sell, leaving the new owner to run the business, as she has plans to start a family and help her husband with his newly developing business.
Sales have averaged $145,000 over 2006/07, with a cash flow of $42,300. At a very reasonable asking price of $110,000, including the equipment and inventory, (or just over 2.5 X cash flow), a new owner can transparently step in and continue to build on this very successful concept.
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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