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- RE: STEP RIGHT IN Hamilton County Beauty Salon
- Contact: Ralana Abraham
Quick Facts
Asking Price: | $74,900 | |
Annual Revenue: | $203,586 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $9,939 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 5 | |
BBN Listing #: | 936684 | |
Broker Reference #: | S-00007 |
Business Overview:
This PRICE REDUCED beauty salon for sale is well known in its quaint affluent northside Indianapolis suburb, with a loyal clientele. It has 4 hair stations and 2 nail stations with room for additional growth. They are an Aveda salon and the longest running salon in the area. This is an excellent opportunity for an owner operator looking for a salon in a picturesque setting with ready cash flow and upside potential!
Services Provided:
- Full service hair for men, women and children
- Manicures
- Pedicures
- Gel Nails
- Dip Nails
- Facial Waxing
Employees: There are two full-time and one part-time stylist. In addition there are two nail techs. There has been very little turnover in the last ten years. Aside from the seller, no employee turnover is expected as a result of the sale.
Training and Transition:Â Seller will provide training and transition after the sale upon mutually agreeable terms for a mutually agreeable period of time.
Reason For Sale: The current owner has operated the salon for over 10 years and wishes to pursue other interests. They are willing to entertain an employment role after the sale.
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Property Features and Assets:
Affluent northside Indianapolis suburb, situated in a quaint shopping area with a fabulous view that appeals to their current clientele and new clients from the surrounding residential area.
The current facility consists of 800 square feet leased for $ 1,400 per month with options to renew.
Market Competition and Expansion:
Investment Considerations:
- This salon is one of the longest running salons in the area, with a loyal customer base.
- This established salon offers Aveda products. Due to their Aveda relationship, they are able to appeal to the local Aveda school for stylists.
- There are 4 hair stations and 2 nail stations, with room to add an additional station.
- This salon has everything going for it – the only thing missing is you!
Reason for Selling:
The current owner has operated the salon for over 10 years and wishes to pursue other interests. They are willing to entertain aAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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