Asking Price: $225,000

Gross Revenue: $498,000

Cash Flow: $139,000

FF&E: $60,000 (Included in Asking Price)

This salon strives to offer the most high-end, up-to-date styling services in a relaxing and professional environment that is also conveniently located and accessible for its customers. With reasonably-priced services, it also aims to serve clients who have high-end taste but can't necessarily afford higher priced, luxury salons. With three full-time stylists, the 1,500 square foot shop offers a variety of styling and coloring services for both men and women. It also sells high-end brands of texturizers, hair powders and styling products. Because the hair industry is forever evolving, the shop's stylists constantly expand their knowledge by attending workshops and training sessions and keeping up to date on the latest trends out of Europe. Due to all of these factors, the shop has an excellent reputation and a steady flow of repeat customers. Additional leads are generated through investments in search engine advertising, seasonal promotions, yellow page ads and direct mailings. Similarly, the shop runs an attractive and easily navigatable Web site which lists pricing, products and contact information.

Year Established: 4

Employees: 4 full time - 2 part time

Facilities: 1,500 square foot shop equipped with with eight new and excellently cared for styling stations.

Market Outlook and Competition: The shop has only one direct local competitor. However, it does not rival this salon's affordable and high-class service and relaxing, friendly environment.

Management Training and Support: The owner, a master hairstylist, will offer support and training. He is also willing to stay on and work for buyer.

Reason For Selling: Owner wishes to expand his hairstyling knowledge and skills unencumbered by day-to-day running of a business.