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Listing No.: 200-20301
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Category: Beauty
| Asking Price | $89,900 |
| Down Payment | |
| Gross Revenue | $80,948 |
| Total Adjusted Net Income | |
| Equipment / Fixtures | $43,859 |
| Year Established | 2011 |
| General Location |
Timothy Johnson
- Office: (757) 866-2321
- Cell: (757) 741-8797
- Office: (757) 866-2321
- Cell: (757) 741-8797
The salon in the center of Virginia Beach offers a great high quality build out that cost of over $150,000 to build out in busy strip center. The salon offers hair, waxing, lash and brow work and nails. There is room for additional booth rental or commission based stylists, and room rentals. Sellers also open to reduce the price by $10,000 so current Seller can rent a booth for a year for no charge
| Gross Revenue | $80,948 | Listed Price | $89,900 |
| Total Income | Down Payment |
| Base Rent | $2,590 | Square Feet | 1500 |
| Total Rent | $2,800 | Lease Expiration | 02/2021 |
| Rent Deposit | $2,500 | Lease Options |
| Inventory | $250 | Leasehold Improvements | $72,038 |
| Equipment / Fixtures | $43,859 | Other Assets |
| Full-Time Employees | Training Period | 2 weeks | |
| Part-Time Employees | Special License Required | Yes | |
| Contract Staff | 4 | Reason for Selling | Enjoys doing the esthetician work, but not focus on recruiting and running the business. |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.