Owner Financing Available! Salon Business-Only Near Alpharetta,GA!

Alpharetta, GA
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Asking Price:$149,000
Gross Revenue:$192,000
Cash Flow:$85,812
Rent:$2,319
BUSINESS DESCRIPTION

Yearly sales are $192,000!

Net profit is over $85,000 per year AFTER $69,000 in Payroll (including manager), $27,000 in rent, and all operating expenses! Payroll expenses includes manager and can be reduced by an Owner-operator!

Rent includes the CAM, Insurance for property, Property Tax, Garbage, and Water expenses!

Strong brand value with a 4.1+ star rating across 100+ reviews!

Seller has had the business for 8 years! Seller has recently moved far from the salon for personal reasons!

Salon is open from 11:00 am to 7:00 pm Tuesday to Saturday and Closed on Sunday and Monday! Buyer can easily extend hours to maximize earnings.

Salon has 7 chairs and 3 shampoo boards! Salon includes two service rooms! Salon can easily handle additional capacity! Buyer can provide additional services with more employees to expand operations and maximize earnings!
Located in a dense residential area with over 188,000 people within a 5-mile radius! Local population is increasing by 4% every year!

Average traffic count of 6,448 vehicles passing by the store each day!

Close proximity to schools like Daves Creek Elementary School with over 1,100 students, South Forsyth Middle School with over 1,400 students, Friendship Christian School with over 300 students, Sharon Elementary School with over 900 students, Big Creek Elementary School with over 650 students, Lambert High School with over 3,000 students!

Near restaurants like Taqueria Los Hermanos, Black Diamond Grill, Mellow Mushroom Cumming, Carrabba's Italian Grill, Red Robin Gourmet Burgers and Brews, Taco Mac Johns Creek, Desi Chowrastha - Indian Eatery, Brunch at Peony!

Close proximity to apartment complexes like Reserve at Summit Crossing, Summit Crossing Phase 2, Preston Pointe at Windermere Apartments!

Near developments like an Expansive Multi-Use community center spanning 100,000 square feet, a fire station spanning 7,500 square feet, and 450 hotel rooms with meeting spaces and residential units, a mixed-use development with 2,400 residential units with retail, restaurants, office space, a hotel, greenspace, 15 pocket parks, more than three miles of trails, and community gathering areas, and a mixed-use development includes Retail/restaurant commercial buildings with 16,473 square feet and 138 parking spaces!

50 minutes from Atlanta and Marietta, GA! 2 hours 30 minutes from Macon, Columbus, GA and Chattanooga, TN!

Asking Price for the Business-only: $149,000 plus Inventory! Seller is willing to owner-finance with a 50% down payment!


DETAILED INFORMATION
Location
Alpharetta, GA
Inventory
Not Included in asking price
Real Estate
Leased
Facilities
Strong brand value with a 4.1+ star rating across 100+ reviews!
Competition
Average traffic count of 6,448 vehicles passing by the store each day!
Reason for Selling
Seller has recently moved far from the salon for personal reasons!
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Rutvik Emil
Dmello
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Rutvik Emil Dmello