Hair Salon

Reference Code 0426

This is a great opportunity to own an established Hair Salon located in Downtown Oakland County.
Established in 2002, this 7-station salon is 1,700 sq ft salon and located on a highly traveled road
surrounded by plenty of residential and commercial properties. Services include Hair Design/Cuts,
Color Services, Extensions, Dreadlocks, Perms, and so much more. Current owner only works 2 days
a week and does little advertising… a new owner/operator with some creative advertising/marketing
along with adding more retail products, additional services including Make-Up Services, Tanning,
Massages, Manis/Pedis, Esthetician and offer Classes, you have HUGE potential. There are also 2
vacant rooms that are not being utilized. This is a must see/must have business that will not last
long. Owner will train and entertain all reasonable offers.

Business Location Oakland County, MI

Gross Sales $221,651 Cash Flow $30,708 Business Price $59,900 Down Payment $30,000 Monthly Payment $936.96 Interest Rate / Amortization 8% int., amortized over 36 months License Required Sales, Hair Inventory Value $5,000 Employees Full Time 6 Date Established 2002 Hours of Operation Tues-Fri 11am-8pm / Sat 11am-4pm Rent $1,700 Gross Lease Period 2023 Reason for Sale Owns Another Business