Description of the business for sale
What businesses are recession proof? Hair Salons! A wonderful operation located in one of the upscale communities in the North Oakland County area. The business is strong and was established by the current owners in 1990. Since then, the business has grown to generate revenues that have averaged $500,000. The business operates out of 1,300 sq. ft. facilities with a reasonable lease payment. They operate normal salon hours which are from Tuesday to Saturday. The client list is long established and the two current owners both have clientele. Both of the owners are willing to stay for a negotiated period of time. Cash flows from the business average $127,000 and the sale included all equipment, fixtures and all other assets. Looking or thinking about buying a Hair Salon? This is the one.
ADDITIONAL FINANCIAL INFORMATION
•Inventory: $4,000
•FF&E: $15,000