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Opportunities

Beautiful West Omaha Salon

Sold

Great investment opportunity with high margins at an exceptional price!

CASH FLOW
$37,862

Specifications

  • Price
    $57,000

  • Revenue
    $101,897

  • Profit Margin
    37%

  • Location
    West Omaha, NE

  • Reason for Sale
    Family illness

  • Intangible Assets
    Positive and established reputation, client list

  • Employees
    PT receptionists, stylists are booth rental

  • Lease
    Over 2,500 sq. ft.: 14 stations, 2 treatment rooms, 2 nail stations

  • Equipment
    18 stations total: stylist stations, treatment rooms (2), nail stations, back bar, towels, washer and dryer

This beautifully remodeled salon in West Omaha is ready for additional booth renters!  Several stylists currently work at this salon with room for 14.  This full-service salon is ideal for an investment business or for a stylist looking to expand without the headache of starting a salon from scratch.  Stations rent at $200/week with retail income at $2,700/month.

 

Located in West Omaha near a well-trafficked intersection, the salon is open Tuesday through Saturday.  There are treatment rooms for day spa and esthetician services as well as two nail tech stations for manicures/pedicures.  Guests can receive a Brazilian blowout, deep conditioning treatment, beard trim, updos, color, and so much more!

 

The salon is well-stocked and ready for growth with several brand products for sale.  There is also a beverage bar, new bathrooms, and freshly painted walls.  All updates have been done, so a new owner can focus on expansion.  A new owner could easily rent out the empty stations and expand to include an esthetician to increase spa and massage offerings as well as nail techs.  Fully rented out, a new owner could net $134,400 in stylist booth rentals alone!

Business Highlights

  • Year Established: 2010
  • Location: West Omaha, NE
  • Services:  Haircuts, hairstyles, colors, updos, waxing,
  • Building: Over 2,500 sq. ft.: 14 stations, 2 treatment rooms, 2 nail stations
  • Capacity:  18 stations
  • Reason for Selling: Family illness
  • Employees: PT receptionists, stylists are booth rental
  • Hours: T-Sat. – Hours vary by stylist
  • Seller Training Period: 30 days transition
  • Growth Opportunities: expand hours, expand services, add stylists, advertise, add esthetician and massage
  • Current Owner’s Responsibilities: Absentee

Financial Highlights

  • List Price: $57,000
  • Gross Sales:
    • 2017: $84,914
    • 2017: $101,897 Annualized
  • Cash Flow:
    • 2017: $31,552
    • 2017: $37,862 Annualized
  • Assets Included in Purchase*
    • Equipment: 18 stations total: stylist stations, treatment rooms (2), nail stations, back bar, towels, washer and dryer
    • Inventory: Several hair care lines, back bar
    • Intangible Assets: Positive and established reputation, client list

*amounts may vary

Cash Flow Analysis

Description of Financial StatementP&L Statement
March - December		Notes
2017
GROSS SALES$84,914
Annualized$101,897
Net Income Shown on Financial Statement$31,552
ADDBACKS
TOTAL ADDBACKS$0
Seller's Cash Flow = Total Addbacks + Net Income$31,552
Annualized$31,552
Profit Margin37.16 %
  • Great profit margin!

Pro Forma by Number of Renters

Rent at $200/week:         

7 Renters – 

                      Rent                              Estimated Product Sales                

$1,400/week                                                                              

$5,600/month                  $2,100/month 

$67,200/year                   $25,200/year  

                   

12 Renters – 

                      Rent                              Estimated Product Sales

$2,400/week                                                                              

$9,600/month                  $3,600/month 

$115,200/year                 $43,200/year  

 

18 Renters – Full capacity 

                      Rent                              Estimated Product Sales    

$3,600/week                                                                              

$14,400/month                $5,400/month 

$172,800/year                 $64,800/year  

Services

  • Haircut and style
  • Men’s haircut and style
  • Beard trim
  • Child’s haircut and style
  • Updos
  • Colors
  • Highlights
  • Brazilian blowout
  • Deep conditioning treatment
  • And more!

Growth Opportunities

The Firm Business Brokerage used a Cost-to-Create Valuation methodology to determine the purchase price of the business. 

  • Valued on a cost-to-create basis, the asking price for this salon & spa is $57,000
  • Already established and completely built out, a new owner could easily step in and avoid the cost and headache of starting from scratch
  • Equipment and inventory is in place to expand spa services and to add nail techs and estheticians
  • Perfect as an investment business or for a stylist looking to expand without having to worry about start-up costs

The Fair Market Value found above positions the business List Price at $57,000.

 

Purchase Price:                         $57,000

Buyer Down Payment:              $30,000

Seller Financing:                       $10,000

Bank Loan:                                $17,000

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Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.