Hair Salon & Spa - $105,000

Douglas County, NE

Seller Financing Available

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Asking Price:$125,000
Gross Revenue:$145,000
FF&E:$46,000
Cash Flow:$21,000
Inventory:$2,000
Established Year:2018
BUSINESS DESCRIPTION

Beautiful large salon (remodeled last year) is ready for a new owner who wants to move up from a smaller location. The business is staffed with established, experienced stylists and other beauty professionals but has the capacity to increase by 6-8 additional stylists. There is ample space to increase the retail product offerings, at the buyer’s discretion. The owner pays commission to the stylists for the product they sell. The seller and family have owned the salon for over 6 years, and now priorities have shifted. The owner is willing to stay on to service her clientele but is ready to relinquish the additional responsibility of managing the business. A reasonable lease is in place, but the amiable landlord will likely negotiate a favorable extension for the new owner.
Current Profit/Loss Worksheet for 2024, and tax returns for 2023, 2022, and 2021 will be disclosed to qualified buyers with signed Confidentiality/Non-Disclosure Agreement at the seller’s discretion. The business has averaged nearly $150,000 in sales and nearly $21,000 in sellers’ discretionary cashflow.
The selling price is $105,000, including all fixtures, furniture and equipment (assets valued at $46,000), registered business name, website/social media sites and inventory, valued at $2,000.
For full details and to schedule a confidential tour with the owner, contact Dennis Huffine @402-350-6494 or dennis.huffine@BESTAdvisorsNE.com.


DETAILED INFORMATION
Location
Douglas County, NE
Inventory
Not Included in asking price
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3000 sq. ft. recently re-modeled salon, with 14 regular workstations, 5 sinks, locker and laundry space. Ample parking.
Competition
Typical for local beauty industry.
Growth & Expansion
Could increase revenue by $110,000 by adding staff.
Financing
Partial seller participation for well-qualified buyer.
Support & Training
Full support as necessary.
Reason for Selling
Other business opportunities
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Dennis Huffine
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Dennis Huffine