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    • Salon in the Suburbs with 1,800+ Client Base

      Salon in the Suburbs with 1,800+ Client Base

      Business Type

      Services - Beauty Salons, Barber Shops

      Area
      County State Nebraska
      Property Status Established Business Asking Price $116,000.00
      Down Payment $17,400.00 Total Debt
      Gross Sales $128,400.00 Total Income
      Total Expenses Terms
      Listing Flyer
      Summary

      Financial Overview        

      List Price:        $116,000

      Gross Sales

              2016 (Projected at Full Capacity): $128,400

              2016 (Projected at Current Capacity): $102,000

      Client Mix: 80% women and 20% men

      Services Offered:Hair, Waxing, Natural Nails, and Spray Tans

      Owner Profit/Cash Flow

              2016 (Projected at Full Capacity): $79,236

              2016 (Projected at Current Capacity): $52,836                


      Description        

      Revenue generating from 6 booth renting stylists. There remains room to add 2 more stylists, which would bring in $700/month each, as well as a nail technician and either an esthetician or massage therapist at $400/month each. This Salon is serves 80% women and 20% men in a western suburb of Omaha with an average household income of $79,000/year. Providing services such as haircuts, color, styling, waxing, natural nails, and spray tans, this Salon has the potential to generate $128,400 in sales in 2016. This would give the owner $56,891 in Profit after debt payments the first year.


      The current Owner is responsible for scheduling the staff, overseeing daily salon needs, ordering salons products, and is servicing her own client base. The Salon is being sold due to family obligations however post-close she would like to stay on as a stylist if the Buyer should so desire.


      This Salon has a large database of 1,813 clients, 481 of them within just the last 6 months! This excludes a booth renter who handles her own scheduling. Including this renter would increase the number of clients served within the last 6 months to over 600. Currently, 6 of 8 booths are filled, leaving space to fill and money to be earned. By filling these two booths and adding a nail technician and either an esthetician or massage therapist in a currently vacant space, annual sales could increase as much as $26,400!


      Assets Included in Purchase: $61,089        

      Equipment: $58,089 = Build-Out for Reception, Tanning, Nails, Makeup, Stylists, Shampoo Station, and Breakroom

      Inventory: $3,000


      *amounts may vary                


      Business Information        

      Year Established:2012

      Location and Service Area: West Suburb of Omaha, Nebraska

      Number of Clients:1,813 in database [481 in the last 6 months] This excludes a booth renter that chooses not to use the Seller’s scheduling system. Including this renter the number of clients in the last 6 months is over 600.

      Lease: $2,036 for 1,834 sq./ft. with 8 modern look & feel, open stylist stations

      Employees: 2 Part-Time receptionists

      Reason for Selling:Family Obligations

      Hours: Hours vary. Tuesday – Saturday: Approx. 9am – 7pm and Mondays 3pm – 7pm by appointment only

      Seller Transition:Seller is willing to stay on as a stylist post-closing should the Buyer so desire

      Growth Opportunities: Booth space to take on 2 commission based workers or 2 renters. 2 additional rooms provide space to bring in a nail technician and either an esthetician or massage therapist.

      Current Owner’s Responsibilities: Schedules staff, oversees daily salon needs, orders salon products, and services own client base         


      Funding Example        

      Purchase Price:        $116,000

      15% Buyer Down Payment:        $17,400

      15% Seller Financing:                   $17,400

      70% Bank Loan:                             $81,200


      Next Steps        

      For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

              

       
      Print Listing
  • Lease / Asset Information
    • Rent $20,361,834.00 Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet
      Inventory $3,000.00 Inventory Included Yes
      Furniture, Fixtures, and Equipment (FF&E) $58,089.00 FF&E Included Yes
      Other Assets Assets Included Yes
  • General Business Info
    • Other Information
      Employees Part Time Employees 2 receptionists
      Hours Open Days Open
      Year Established 2012
      Training
      Selling Reason
      Property Features
  • Images
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The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Name Cortney Sells
Phone # 402.998.5288
 

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