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Hair Salon & Spa

$185,000.00

  • Featured Listing : No
  • File No. : C2470
  • Location : Macomb County
  • Down Payment Option : $75,000
  • Monthly Payment : $2178.11
  • Financing Interest Rate : 7%
  • Financing Period : 60 months
  • Gross Sales : $407,606
  • Source of Financial Info : 2017 Tax Return
  • Cash Flow : $93,322
  • Total Inventory : $15,000
  • Days Open : Monday - Saturday
  • Hours of Operation : Mon 10-6, Tues-Thurs 10-9, Fri 10-6, Sat 9-4
  • Parking : ample
  • License Requirement : Sales Tax
  • Year Established : 2007
  • Year Acquired : 2007
  • Monthly Rent : $2025 Gross
  • Real Estate Price : NA
  • Real Estate Purchase Terms : NA

Owner is currently in the process of remodeling this salon completely! This is a great opportunity to own a successful upscale salon in an upscale area of Macomb County. This salon is being sold only due to owners serious health issues. Besides being very successful, the salon has a big opportunity to do even more in sales. This is a full service salon that has stylists that are paid a percentage split as opposed to chair rental. The majority of the stylists are at 45% commission. There are also two ladies that run the front counter. The salon uses and sells the Glow Minerals cosmetics line of products. Currently the salon does not do nails but plans on adding that service back in January of 2019. The salon offers the services of coloring, perms, facials, spray tanning and waxing. A new owner should add more esthetician services as well as massage therapy to increase sales. Currently the salon for 2017 has not been doing all of the services that it used to do because of the owners current health issues. A new owner should add all of the services back to make it a full service salon and increase sales dramatically like it used to be. The salon is situated in a beautiful plaza on a busy road with other great anchor tenants in the plaza which all tend to bring in a great amount of traffic into the plaza. Don’t miss out on this great opportunity! Seller very motivated. Call today to set up an appointment to tour this great business and purchase it before it gone!

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