Listing Category
Short Description
Total Price: $75,000
Cash Flow/Discretionary Earnings $37,420
Seller Financing: $36,000
Booth rental salon in affluent part of Littleton. 12 full time and 1 part time booth renters includes the seller. Seller wants to continue as a stylist only . Room for several more full time stylists and 2 part time stylists. Established business, low turnover of booth renters. All stylists are self-employed and pay booth rental – fewer headaches, easy to run business. Salon has great online reviews. Salon moved to bigger space in same shopping center a few years ago and the owners spent $82,000 in leasehold improvements.
Cash Flow/Discretionary Earnings $37,420
Seller Financing: $36,000
Booth rental salon in affluent part of Littleton. 12 full time and 1 part time booth renters includes the seller. Seller wants to continue as a stylist only . Room for several more full time stylists and 2 part time stylists. Established business, low turnover of booth renters. All stylists are self-employed and pay booth rental – fewer headaches, easy to run business. Salon has great online reviews. Salon moved to bigger space in same shopping center a few years ago and the owners spent $82,000 in leasehold improvements.
Description
Detailed Information
Location:
Littleton, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,290
Lease Expiration:
8/31/2023
Employees:
12ft 1pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2290 approximate sq. ft. in a high traffic shopping center. Monthly rent including CAM is $4,750 per month.
Financing:
$36,000 for 36 months @ 5%. Monthly payment $1,079.
Support & Training:
Seller will train as needed included in the total purchase price.
Reason for Selling:
Seller tired of managing the business