Toronto, Canada - Ontario
|Asking price is
Unique opportunity to purchase this well-known salon, turnkey and profitable, a one of a kind beauty salon with room to grow situated on busy street of North Toronto.
This VERY STABLE already for 10 years business will be sold as a package - hair salon with ready to use aesthetic room + ready eCommerce website.
It has 4 styling and 3 technical stations, 2 shampoo units, color bar, multipurpose room on 900 sq. f.
1. Established business structure
2. Strong and steady clientele
3. Recent renovation, thousands spent on leasehold improvements
4. Exclusivity of the retail market
5. Computerized client database over 5000 records
6. Strong advertising campaign
7. Big parking lot
Gross for 2012 was 259.000, 2012 was 271.000 and currently producing approximately $17000 a month in service sales + $4000 in retail sales.
Very reasonable lease rate. Breakeven point at about $10000.
This is an excellent opportunity for someone who does not want to get excessive headache setting up a new business, but is eager to carry it on.
Asking price $79,000 plus stock.
Reason for sale: managing owner is other interests and doesnt have enough time to manage the business. Part of the deal: working owner must stay as hairdresser in a salon on at least 50/50 commission base.