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$49,900
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Beauty and Hair Salon   $49,900   Colorado Springs, Colorado National Business Brokers Colorado National Business Brokers Colorado

This lovely salon is located just one block off of Academy Blvd. in Colorado Springs. It is a perfect setup for a stylist who may be working in a salon now as a stylist only but wants to own their own salon. The advantage with this one is that the owners (two sisters) would like to remain and retain their clients for a period of at least one year. They would pay booth rental to the new owner just like any other stylist who is or may be renting there at the salon. The current owners will sign an employment or rental agreement with the new owner for at least one year and possibly longer, depending on their personal situations. They will also sign a non-compete agreement with the new owner. Rental income from just these three stations would pay most all fixed expenses of the salon. Revenues have remained consistent for several years. They operate out of an 1100 square foot facility. 95% of their sales are for services while 5% are for the sale of products. There are six stations and two of them are currently occupied by the owners. Another station is rented out to another contracted stylist. The owners want to sell but wish to remain working with the new owner and would sign an employment commitment with the new owner for a period of time.

Listing Number: 8906 Quote this number when contacting the Broker/Seller
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County El Paso
City, State/Province: Colorado Springs, Colorado
Asking Price: $49,900
FF&E & Other Assets: 26000
Space Available Sq.Ft: 1000
Year Established 1995
Country United States of America
State/Province Colorado
distance: 343 Miles
Address Colorado Colorado Springs
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