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O'FALLON HIGHWAY K

  • Listing Number: 205-21445

  • Category: Beauty

Asking Price $100,000
Down Payment
Gross Revenue $124,159
Total Adjusted Net Income $74,858
Equipment / Fixtures $40,000
Year Established 2006
General Location O'FALLON HIGHWAY K
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Here is your chance to own a turnkey beauty salon located near a major intersection in the center of St. Charles County.  They have an excellent reputation for the past 16 years.  The services offered are cuts, styles, colors, facials and some retail products.  The 1052 sq. ft. space includes 6 stations and a separate facial room.  Sellers have a great following and is willing to stay on for 4 weeks to make a smooth transition.

Gross Revenue $124,159 Listed Price $100,000
Total Income $74,858 Down Payment
Base Rent $1,600 Square Feet 1052
Total Rent $2,045 Lease Expiration 06/2024
Rent Deposit $1,490 Lease Options
Inventory $500 Leasehold Improvements $0
Equipment / Fixtures $40,000 Other Assets STORAGE CLOSET, WASHER/DRYER ($1200)
Full-Time Employees 2 Training Period 4 weeks
Part-Time Employees Special License Required Cosmetologist
Contract Staff Reason for Selling One Owner Retiring And The Other Is Moving

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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