Business To Buy

Lake Norman Salon with Real Estate Included

Lake Norman, North Carolina
Beautifully Appointed Booth Rental Salon in Lake Norman. Real Estate Included in sale price!

A state of the ar” beauty salon, with great equipment and located in a commercial area on a road with a high traffic count currently in a booth rental format currently serving an an upscale community in the Lake Norman, NC area. Seller is retiring but will continue to see existing clients for the next 2 or 3 years on a part time basis. Full training and transition will be given. 8 booth renters already in place. May be combined with 2nd location to give excellent coverage of the affluent Lake Norman market

Very motivated sellers, who are selling the condo real estate at a price close to tax value, will consider heavy owner financing on a buyer by buyer basis. This would suit an experienced stylist looking to expand or go into business for themselves. No reasonable offer will be refused. Call Peter Coleman 704 644 1142.

Financials

Price: $250,000
Gross Income: $127,690
Cash Flow: $0
FFE: $60,000
Inventory: $0
Real Estate Value: $250,000

About the Business

Office Reference ID: #N543-PC
Year Established: 1996
Financing:
Training: Seller will provide training
Facilities: 2,200 sq. ft. building; included in sale price
Competition:
Growth:
Business Listed By
Name: Bill Law
Company: Sunbelt Business Brokers of Charlotte
Phone: 704-644-1141

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