Salon | Farmington Hills, MI | $125K Net on ~ 25hrs / wk | $80K Build - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
💇
Beauty Salon in Farmington Hills, MI
Farmington Hills, MI, US
Added 1 day ago
Beauty & Personal Care
12 years in business
This is a beauty salon located in Farmington Hills, MI, operating for 12 years with recent leasehold improvements and a 5-year lease at below-market rent.
Key Information
Asking
$98K
Revenue
$192K
Earnings
$125K
Multiple
0.8x
Key Highlights
- Business has been established for 12 years
- Recent leasehold improvements total $80,000 within the past 12 months
- 5-year lease with Year 1 rent at $1,200/month and predictable annual increases
- Owner transition package includes 1 year on-site support, $1,200/month booth rent paid to new owner, and a 50-mile non-compete agreement
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence