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Tempe

  • Listing No.: 115-11056

  • Category: Beauty

Asking Price $149,000
Down Payment $149,000
Gross Revenue $300,000
Total Adjusted Net Income $30,000
Equipment/Fixtures $100,000
Year Established 2017
General Location Tempe
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image-for-Chuck Wimmer
Contact Details:

This modern Phoenix Metro hair salon offers a full a-la-carte hair care menu from cuts and color, to shaves, blowouts, conditioning and more. Business is located in a very high traffic area, is open 7-days a week, and is well-known for its openness to all-ages and all-genders. Business is currently being run as an absentee-owner, so there is plenty of upside potential for an owner-operator. This location has many 5-star Yelp! reviews and is well loved in the community for catering to those looking for stylists who encourage uniqueness and individuality in a judgement-free space.

Gross Revenue $300,000 Listed Price $149,000
Total Income $30,000 Down Payment $149,000
Base Rent $3,900 Square Feet 1035
Total Rent $4,330 Lease Expiration 1/2027
Rent Deposit $4,300 Lease Options
Inventory $1,500 Leasehold Improvements
Equipment/ Fixtures $100,000 Other Assets
Full-Time Employees 6 Training Period 2 weeks
Part-Time Employees 2 Special License Required
Contract Staff 0 Reason for Selling Other business interests

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.