Ideally Located and Established Hair Salon for Sale in Ottawa

Business Description

Location, location, location! Reputed Hair Salon for sale in Ottawa located on a well-trafficked thoroughfare with ample free parking and proximity to public transport and expansion of the LRT. Great opportunity for an ambitious and motivated stylist to step into a business that has been providing hairdressing services as well as nail care for over 30 years with an existing and loyal clientele. The majority of revenue comes from haircuts, styling, perms, coloring, etc.

Ideal for a stylist wishing to become an entrepreneur and own their own hair design studio. The current owner and staff have built a strong base of clientele through skillful work in a friendly atmosphere. In addition to the owner, the staff includes 2 part-time stylists with a thriving clientele. Opportunity to rent chairs to immediately increase the revenue.

There is an opportunity to grow the customer through Social Media promotions and by establishing a business website. The current owner has positioned the business well for future growth and is willing to stay on as a stylist to assist the new owner in their success.

All furniture, fixtures, and equipment are in good working condition. Significant growth opportunities in this business. For more information email or call Guylaine at [email protected] or 613-731-9140 ext. 247.

Details

Business ID: OTTA0060
Business Category: Personal and Laundry Services
Location: Ontario, Eastern Ontario, Ottawa
Financing: Not Available
Status: Available

Company Information

Year Established: 1986
Franchise: No
Number of Employees: 3

Financial Information

Asking Price: $ 50,000
Gross Revenue: $ 231,635
SDE: $ 110,129
FF&E (included): On request
Inventory: $ 3,000
EBITDA: On request
Down payment: $ 50,000
Occupancy Cost: $ 3,200

Business Presented By
For more information on this listing, please complete our Non-Disclosure Agreement.