File Number-#0793 | Location-Van Buren County, MI | Gross Sales-$309,127.95 | Cash Flow-$69,415.04 | Business Price-$129,000 | Down Payment-$65,000 | Monthly Payment-$1,297.69 | Interest Rate/Amortization-8% int., amortized over 60 months | License Required-Sales, Hair, Franchise | Inventory Value-$5,000 | Employees Full Time-1 | Employees Part Time-9 | Date Established-2002 | Hours of Operation-Mon-Thu 9am-8pm, Fri-Sat 9am-5pm | Rent-$3,414 NNN | Lease Period-2027 | Reason for Sale-Retirement
This is a great opportunity to own a well-established Franchise Hair Salon in Livingston County. Established in 2002 and under current ownership since 2007, this 1,500 sq. ft. salon is conveniently located on busy road with excellent visibility and steady drive-by traffic in a well-traveled strip center. The salon offers a full range of hair care services for men, women, and children including cuts, color, highlights, perms, and styling, and so much more. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with launching social media campaigns, adding additional services, joining the Chamber of Commerce, offering loyalty programs, introducing online booking, and expanding retail product sales, you have HUGE potential to grow the already solid gross sales. A must see/must have business that will not last long! Turn-key operation! Seller will train!
Transfer/training fee: $5,000
Royalty fee: 6% weekly
Advertising Fee: $146 weekly
