3 Luxurious Salon suites In Phoenix Arizona
| Asking Price: | $1,125,000 |
| Gross Revenue: | $1,200,000 |
| EBITDA: | $255,000 |
| Established Year: | 2010 |
| Cash Flow: | $255,000 |
| Inventory: | $10,000 |
| FF&E: | $350,000 |
Listing ID: 2242103Listing provided by BizBuySell
BUSINESS DESCRIPTION
3 Luxurious Salon suites In Phoenix Arizona
Three beautifully designed salon suites, with luxury and top-of-the-line decoration and a great atmosphere, are built to be Run Absentee—great Moneymakers and trouble-free. The seller will guarantee that All the equipment is in perfect shape. The area has an awesome reputation.
DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
28,000
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The total square feet for all three salon suites is 28000 Sq. Ft. These well-managed three salon suites are in the Phenix and surrounding suburbs area. They are top-scale built and decorated very elegantly. They are centrally located in a high-traffic area. These salon suites are symbols of high-class beauty salons and barbershops all in one place. All the stylists are independently operated, and the majority of the tenants have been there since the salon suites were built. Very loyal to their place of work.
Competition
There is not much advertising currently. Word of mouth has been great for them, but more marketing can be advantageous so the annual bottom line revenue can increase 20 to 25%
Growth & Expansion
More rentals and an increase in current rent rates gradually could be a big boost to the bottom line.
Financing
Seller may consider financing to a creditable buyer with good credit score with 65% d
Support & Training
Generally, the Company owner will offer 2 to 3 weeks of training and definitely mentor the buyer on the phone as well for a year.
Reason for Selling
Other business ventures in other states
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