PRIVACY FIRST – CLIENT FOCUSED – DEALS DONE RIGHT!

Located in the Okanagan Valley, this upscale salon is listed well below its valuation amount of $379,000. The business is managed by an independent manager, leaving plenty of time for the owner to work both on the business and within the business. This business is virtually Covid 19 proof, as borne out by the financial results subsequent to the economy re-opening in May of this year.This turnkey exceptional opportunity will be of interest to anyone with salon experience, or anyone with an entrepreneurial drive to build on existing profit and cash flow.
Asking Price
325,000
Annual Sales / Revenue
650,000
EBITDA
102,586

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Exceptionally Profitable Salon in the Okanagan
Type of Sale
:
Share
Years in Business
:
7
Cashflow
:
173,000
EBITDA
:
102,586
Down Payment Range
:
65,000 - 97,500
Business Sector
:
Hair Salons/Beauty
No. of Employees (FT)
:
5
FF&E Value
:
0
Inventory Value
:
20,000

Business Key Points

Located in the Okanagan Valley.
The business is managed by an independent manager.

Property Documents

    Available on Request

Location

    Available after signed NDA

Property Description

Located in the Okanagan Valley, this upscale salon is listed well below its valuation amount of $379,000. The business is managed by an independent manager, leaving plenty of time for the owner to work both on the business and within the business. This business is virtually Covid 19 proof, as borne out by the financial results subsequent to the economy re-opening in May of this year.This turnkey exceptional opportunity will be of interest to anyone with salon experience, or anyone with an entrepreneurial drive to build on existing profit and cash flow.

Facilities Overview

Call for details

Business Growth/Expansion

Many opportunities exist for growth or expansion of services. These include: - Adding select spa services (such as waxing); - Moving to specialization in hair extensions; and - Addition and expansion of retail products.

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