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Financial Information

Asking Price: $229,000

EBITDA: $141,000

Gross Revenue: $489,000

Cash Flow: $141,000

FF & E: $59,250

Inventory: $8,300

Financing: No

Business Location

Atlanta

Description

Note new asking price. An upscale, warm and inviting salon in an affluent North Fulton County suburb offers a blend of contemporary furnishings and classic antiques that surrounds its clients with a feeling of home. The owner has carefully assembled an outstanding team of professionals dedicated to ensuring every guest receives the quality, service and attention they deserve and desire. Owner has recently brought in two veteran stylists who each bring in a large book of business. Even thought owner is relocating, he is willing to come back to salon one week a month on a contract basis to assist in the transition and retention of his clients, the terms and duration of this contract are subject to negotiation. Located in a free standing building with ample parking, this 3200 sq. ft. salon and spa has attracted and retained clients for over 10 years. Many new clients come from referrals, but owner also utilizes a heavy advertising schedule in leading Atlanta fashion magazines as well as a professionally designed web site. Call or e-mail today for an opportunity to be a part of this successful businesses continuing growth in both revenues and earnings.

REASON FOR SALE

Owner moving our of State with spouse being transferred.

facilities

3200 Sq. Ft. free standing building with ample parking.

Details

Home Based:
No
Year Established:
2002
Franchise:
No
Relocatable:
No
Real Estate Available:
No
Real Estate Included:
No
Full Time Employees:
6
Part Time Employees:
2

David Lyon

Senior Intermediary
770-936-9099 x 807

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