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Summerlin / Las Vegas

  • Listing No.: 101-20271

  • Category: Beauty

Asking Price $200,000
Down Payment $100,000
Gross Revenue $300,000
Total Adjusted Net Income $83,650
Equipment / Fixtures $50,000
Year Established 2017
General Location Summerlin / Las Vegas
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Beautiful and upscale full-service hair salon with over a half a million invested in tenant improvements and professional equipment. This is an absentee business with a full-time manager that will stay on to run the day to day business along with existing stylists in place paid on a commission basis however sellers recommend buyer spend at least 15 hours a week to help grow and motivate staff to hit sales goals. There are 7 existing beauty stations for hair or make-up with room for expansion. High customer retention rate with an existing CRM in place for marketing. Large social media presence with thousands of loyal followers. This will be a smooth transition for a new owner. For more information including a detailed confidential opportunity summary with financial information and photos, please email listing agent.

Gross Revenue $300,000 Listed Price $200,000
Total Income $83,650 Down Payment $100,000
Base Rent $2,472 Square Feet 1200
Total Rent $3,080 Lease Expiration 02/2023
Rent Deposit $5,856 Lease Options 1 / 5 years
Inventory $3,000 Leasehold Improvements $0
Equipment / Fixtures $50,000 Other Assets
Full-Time Employees 1 Training Period 14 Calendar Days
Part-Time Employees 2 Special License Required Cosmetology License
Contract Staff 6 Reason for Selling Seller is leaving to pursue other businesses

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.

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