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Hair Salon For Sale
Location: United States -> Michigan -> Westland
Industry: Professional Services > Other Professional Services




Business Summary

Successful Paul Mitchell Signature Salon in Westland, MI. Have very loyal and established clientele and staff. Average yearly sales are $200,000. Owner is not a hair stylist and after nearly 20 years as owner is in a position to help 1-2 young, excited individuals who perhaps have wanted to own a salon but do not have 100K to do it. I am welling to sell for 1/3 of value as I truly feel it's time to give back and help others get into ownership. Sale price is 40K, again less than value. Please feel free to email or call me, as I hope and pray the right people are on the buying end looking for their opportunity.

New construction and location, new computer system and equipment. Salon is very organized and has fantastic relationship with Paul Mitchell, including free education for staff. Owner has made business turn-key in order to truly help individual get into salon ownership with minimal work at the start up.

Nine total stylists with experience ranging from one - 25 years. Salon is located in new strip mall and next two thriving businesses with walk-in traffic. Lease is negotiable on rent and landlord willing to sit with new owner to transfer lease.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $200,000
Cash Flow:   $25,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1970
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes, agreement with Paul Mitchell
Reason For Selling:  Time to give back to the industry

Photos

View Larger Photo(s) Of Business
Hair Salon For Sale Photo 1 Hair Salon For Sale Photo 2




Print Listing Id: 700256939
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