Hair Salon / Reduced Price!

Reference Code 0547

This is a great opportunity to own an established Hair Salon located in a beautiful downtown Oakland County area. Established in 2000, this 10-station salon is located on a highly traveled road surrounded by plenty of residential and commercial properties along with walk by traffic. All equipment/fixtures are in excellent working order with some being recently replaced. Services include: Hair Design/Cuts, Color Services, Waxing Services, Children Cuts and so much more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a Website, Expanding the Hours, Make-Up Services, Esthetician, Massage, Tanning Services, Retail Products and Mani-Pedi Services, you have HUGE potential. Stylists are paid on 60/40 commission split level. This is a must see/must have business that will not last long. Owner will entertain all reasonable offers. Seller lives out of the country and ready to pass this great salon to a new owner.

Business Location Oakland County, MI

Gross Sales $200,000 Cash Flow TBD Business Price $54,500 Down Payment $30,000 Monthly Payment $496.77 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, Hair Inventory Value $3,000 Employees Full Time 3 (1099) Employees Part Time 4 Date Established 2000 Hours of Operation Mon-Fri 9am-6pm / Sat 9am-2pm Rent $1,800 Gross Lease Period 2027 Reason for Sale Lives out of the Country