Highly Profitable Hair Salon
$79K + SAV
Are you a Hairdresser? $92K Profits. Vendor Finance
Purchasing this hair salon would undoubtedly prove to be an excellent investment for any new owner. Currently, the salon is only open for 4 days a week, so there are plenty of opportunities for a new owner to extend the hours and reap the rewards.
The hair salon has a spotless reputation and with over 2000 clients on the database. Its extraordinary interior design with excellent service is attractive to customers and visitors alike. The salon is equipped with ten workstations, two washbasins, a mixing room with laundry, a kitchen, and a separate bathroom.
The current owner worked 3 ½ days in 2019. However, in 2018 she only worked 3 days. Therefore, there is less owner's surplus occurred in 2018. If the owner worked full time in the business, there would have been another extra income of approximately $20,000 in 2019 and $48,000 in 2018.
That would have resulted in $112,000 SDE in 2019 and $119,000 SDE in 2018. That's exactly what would be expected from a full-time working owner.
Broker Details: Serdar Kabul - M. +64 21 188 6144
Note: Some details of this opportunity are confidential and may be disclosed on completion of a Confidentiality Agreement by contacting the business broker. Also for reasons of confidentiality, stock images may be used to indicatively represent the business.