Hair salon franchise

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Seller:E. O’Neal Robinson

Location:Forest park

Listing Num:194018435

Industry:Services: Hair, Nails, Spas, Tanning

Asking Price:$70,000

Year Est.:2005

Employees:5

Yearly Revenue:$108,000

Yearly Cash Flow:$2,200/month

Yearly EBITDA:$108,000

Yearly Net Profit:$10%

Yearly Gross Income:$108,000

Monthly Payroll:$3,500

Total Debt:Not Disclosed

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Reason for Selling:

Owner has another business and do not have the ban

Overview of the Business:

Hair salon is in a growing community of new development of retail shops, restraints, condos and single family homes. The employees are very experienced in the hair industry.

Property Features and Assets:

The business is 2 and ½ years old of new construction, with up-to-date décor, computer equipment and store front. There is also free parking. It’s is located beside a corner Starbucks.

Hair salon franchise

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