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Turn-Key Well Established Hair Salon & Spa, Wayne County, Asking $149,999

Turn-Key Well Established Hair Salon & Spa, Wayne County, Asking $149,999

Turn-Key Well Established Hair Salon & Spa
Livonia, MI (Wayne County)

Asking Price: $149,999
Cash Flow: $175,819
Gross Revenue: $694,891
EBITDA: N/A
FF&E: N/A
Inventory: $25,000*
Real Estate: $650,000*
Established: 2017
*not included in asking price.

Business Description

If you are looking for a great Hair Salon & Spa that is completely turn-key, then check this one out!

This recently remodeled salon has 16 stations, 3 spa rooms, 4 hair drying stations, 4 wash stations, 3 make-up stations, a private room for pedicures and manicures, and much more! The price for the business is $150,000 plus inventory. 2019 sales were $925,478, and still closed 2020 strong with $694,891 in sales while being shut down for 3 months.

Full Service Salon & Spa – Hair , Nails, Manicure, Pedicure, Waxing, Facials, Massage, Weddings & Special Occasions.

Competition – Some Competition in the area but this Salon is very well known as the Premier Salon in the area

Make-Up – (2) Make Up Stations

Training – Seller willing to train / Length of training and price negotiable

Price – $149,999.00 for business & $650,000.00 for 4400 Square Foot All Brick Building & Real Estate / $799,999.00 Total Package Price

Detailed Information

Location: Livonia, MI
Inventory: Not included in asking price
Real Estate: Owned Not included in asking price
Building SF: 4,400
Employees: 15FT
Facilities: This is an all brick retail freestanding building that was built in 1986. Total of 4,400 square feet on 0.42 acres. Completely remodeled in 2017.
Competition: Plenty of competiiton in the area but this salon has been in business for over 25 years and continues to dominate in with it’s high-volume numbers.
Growth & Expansion: New owner can do more advertising and increase the number of stylists. This location can also be turned into a salon suite if desired.
Financing: Cash
Support & Training: Seller will be available for two weeks to train at a minimum of four hours per day
Reason for Selling: Retirement/relocation

  • Listing ID: 783

 salon

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