Hair Studio

Listing ID:
HAMILON001-N8

Confidential, Ontario, Canada

Hair, Nail, and Skin Care Services

The following broker is assigned to this listing:

Reza Akbari

reza@sunbeltnetwork.com

Description

Premier Hair Studio business for sale in Southern Ontario due to retirement. The owner has grown this business steadily for 40 years. This is one of the well known name in the community for good customer servcie. The location is prime. Many of the employees have been working for years and very well trained. The owner works 2 days a week. The rest of his time spent in management and working in the back office doing paper works. Very steady cash flow. The recession has not affected this business. The equipemt is uptodate and in very good condition. There is ample grwoth potential as the the area is newly developed and constructed just few months ago. Two locations in different parts of the city. Both locations are established for over 30 years. The clientele are mostly by word of mouth and referrals.

Financials

Asking Price:$395,000
Revenue: ON REQUEST
Cash Flow: ON REQUEST
Downpayment: NEGOTIABLE
Monthly Payroll:$22,000
FF&E Asking Price:N/A (Included in Asking Price)
Inventory Asking Price:$16,000 (Included in Asking Price)
Financing Available?No

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1969
Year Acquired:1969
Full-Time Employees:8
Part-Time Employees:2
Reason For Sale:Retirement