Business Listing
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Listing No:
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92407270
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Category:
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Beauty/Personal Care: Hair Salon/Day Spa
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Description:
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***Contemporary, Upscale Hair Salon***
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Business Details
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Revenues:
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$300,000
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Adjusted Cash Flow:
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$85,000
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Selling Price:
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$59,000
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Down Payment:
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$59,000
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General Location:
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Edison Mall, Fort Myers
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Executive Summary
Location, Location with 10 stations and two private rooms for permanent tattoos, waxing and massage. Business employs two (2) hourly and 8 Independent Contractor Stylists with a 45%-60% split. Salon has been at this location for 16 yrs. Seller tries to avoid signing another long-term lease agreement which dictates to be open 7 days and the hours of operation. Seller has worked in the Fort Myers area for many years and will not sign a Non-Compete clause. By opening a new location with a new DBA name, the % of revenue loss should be minimal. A good Stylist /Operator should be able to maintain a healthy Bottom Line.