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Syracuse, Layton, & Roy UT

  • Listing Number: 101-21214

  • Category: Beauty

Asking Price $188,000
Down Payment $150,000
Gross Revenue $711,611
Total Adjusted Net Income $88,591
Equipment / Fixtures $30,000
Year Established 2008
General Location Syracuse, Layton, & Roy UT
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These are highly profitable, multi-location hair salons. Managers handle day to day operations and each location, owners spends roughly 10 hours per week operating the business. Ideal buyer is either an owner operator who is licensed to cut hair so they can be involved in the day to day details or someone who is not licensed but can work operationally to grow and run the business. Business remained steady and profitable even during COVID. All gross sales revenue can be verified through sellers tax returns. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away.

Gross Revenue $711,611 Listed Price $188,000
Total Income $88,591 Down Payment $150,000
Base Rent $6,076 Square Feet 3600
Total Rent $6,076 Lease Expiration 06/2023
Rent Deposit Lease Options 1/5 Years
Inventory Not Included Leasehold Improvements $150,000
Equipment / Fixtures $30,000 Other Assets
Full-Time Employees 18 Training Period 14 Days
Part-Time Employees Special License Required Cosmetology License
Contract Staff Reason for Selling Seller is retiring.

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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