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Busy Full - Service Hair & Skincare Salon W / Re
Location: United States -> Alaska
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

With four booth rentals and an Esthetician room, rental income potential is $3,250 per month. Currently all four booths are rented, and the stylists want to be retained. In contrast the estimated monthly mortgage payment is $1,182 creating a $2,068/month profit on booth and room rentals. This equates to $24,816 per year after mortgage payment. Of course, this is only one revenue stream. Beauty supplies and personal services are two more revenue streams.

Real property (commercial condo) is valued in excess of $220,000 and has been extensively and stylishly remodeled to reflect a tasteful and pleasing décor. This salon is the only five-star salon in Alaska, and it has been awarded the five stars rating for the past five years. The salon has two wash bowls and two restrooms (one is handicapped compliant) and is 1,296 square feet.

There is room to add two more booths if a new owner was inclined to do so. The current owner is relocating with her husband due to his job. The salon is located in Eagle River, Alaska-which, is a bedroom community of Anchorage. Services include haircuts, hair styling, treatments, smoothing treatments, perms, colors, waxing & esthetician. The business routinely has an SDE of +/- $68,000/year.

The current owner would occupy a booth and train a new owner up until her departure (fall) to make for a seamless transition for the new owner and existing clientele. Owner financing may be possible on a carry back.


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2017
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  120 weeks
Reason For Selling:  relocating

Photos

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Busy Full - Service Hair & Skincare Salon W / Re Photo 1




Print Listing Id: 700333237
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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 > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



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