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Hair Salon & Spa - Central Located
Location: Canada -> British Columbia -> Richmond
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

$38,999 Hair Salon + Spa --- Richmond (Central Located). Central located in Richmond, close to skytrain station and surrounded by medical clinic, dental office, bank, restaurant, shops and more with busy foot traffic, this hair salon + spa has been operated for 10+ years with service of cuts, shampoo and blowdry, color, perm, highlights, permenant straightening, up dos ( bridal up dos) and spa side: facial, threading, make up (bridal and evening make up). The store was renovated about 2 years ago with very bright and modern look to keep up with the fashion trend.

Some of the chairs are rented out to long term hairdressers with steady income to cover the lease, which is excellent for the buyer to star his/her own business at a very low monthly cost. It is also good for menicure and pedicure services to increase the revenue. The current owner does this as part-time job and it has much room to increase the income and grow from there. Enough space for bringing crew of 2-3 staff.

Please respect vendor and do not disturb the business, staff are not aware of the sale. For information, please contact vendor's agent: Anry Wang at 778-896-8561 or Philip Hui

YEARS IN BUSINESS 10+ year(s)
FLOOR AREA 964 sq ft.
LEASE TERM 3 years remaining + 5 year opt
PARKING 2 parking with the property and free parking available
BUSINESS HOURS
Monday: 09:00 AM to 05:00 PM Saturday: 08:00 AM to 06:00 PM
Tuesday: Closed Sunday: Closed
Wednesday: 09:00 AM to 05:00 PM
Thursday: 09:00 AM to 07:00 PM
Friday: 09:00 AM to 07:00 PM
YEARLY OPERATING COSTS
Gross Rent: $27,309.22
Hydro: $2,280
Insurance: $840
Phone Interac: $420
Others: $2,000

YEARLY EXPENSES $32,849


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2002
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700196706
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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