Salon | Farmington Hills, MI | $125K Net on ~ 25hrs / wk | $80K Build - Business for Sale
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Beauty Salon in Farmington Hills, MI
Farmington Hills, MI, US
Added 1 month ago
Beauty & Personal Care
12 years in business
This is a beauty salon located in Farmington Hills, MI, operating for 12 years and offering hair and beauty services.
Key Information
Asking
$98K
Revenue
$192K
Earnings
$125K
Multiple
0.8x
Key Highlights
- $80,000 in leasehold improvements completed within the past 12 months
- Business has been established for 12 years
- Current owner works approximately 25 hours per week
- 5-year lease with Year 1 rent at $1,200/month and predictable annual increases
- Owner transition package includes 1 year on-site, $1,200/month booth rent paid to new owner, and a 50-mile non-compete agreement
Contact Info
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