Hair Salon

Reference Code 0849

This is a great opportunity to own a well-established Hair Salon in Oakland County. Established in 1991, this 1,300 sq ft salon features 8 stations and is in a busy strip plaza. Located on a high-traffic road near a major intersection surrounded by strong commercial businesses and dense residential neighborhoods. This salon offers haircuts, color services, highlights, styling, blowouts, treatments, and much more. Current owner does no advertising, a new owner/operator with some creative advertising/marketing along with adding an active social media presence, more stylists, online booking/appointment management, a loyalty/referral program, and expanded service offerings and hours, you have HUGE potential. A must-see, must-have business that will not last long! Turn-key operation only needing a new owner/operator! Seller will train and entertain all reasonable offers! Perfect for a husband/wife team or family run business!

Business Location Oakland County, MI

Gross Sales $190,000 Cash Flow $60,000 Business Price $95,000 Down Payment $40,000 Monthly Payment $912.44 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, Hair Inventory Value $2,500 Employees Full Time 2 Employees Part Time 2 (1 Owner) Date Established 1991 Hours of Operation Mon-Tue 9am-3pm / Wed-Fri 9am-6pm / Sat 9am-4pm Rent $2,300 Gross Lease Period New Lease Required Reason for Sale Retirement