Newly Established Hair Salon In High Growth Area

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Seller:Misty Farnsley

Location: Lubbock

Listing Num:626418435

Industry:Services: Hair, Nails, Spas, Tanning

Asking Price:$45,000

Year Est.:Late 2007

Employees:5

Yearly Revenue:Not Disclosed

Yearly Cash Flow:Not Disclosed

Yearly EBITDA:Not Disclosed

Yearly Net Profit:Not Disclosed

Yearly Gross Income:Not Disclosed

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Owner preparing for Move

Overview of the Business:

Newly established Hair salon in South Lubbock. Located in high growth area. Salon has been opened less than 18 months and has experienced steady revenue growth since opening. Great start up opportunity. Everything new (furniture, equipment etc.). Low start up cost and high growth potential.

Property Features and Assets:

Salon is anchored by large retail store in South Lubbock. Includes all new furniture, Point Of Sale system etc. Salon is 1,200 square feet with great lease rate for property. All furniture, equipment, and store assets are in outstanding condition. Salon is a franchise salon with over 1,500 stores nationwide. Support and training provided by Franchiser.

Market Competition and Expansion:

Great location in high growth and high travel area. Additional franchise license available for additional growth within the region.

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