42 Year Old Hair & Beauty Salon For Sale

Business description

The current Owner has operated this hair and beauty salon for over 42 years at the same strip plaza location in uptown Toronto. In the last 3 years, he worked only 4 days a week in semi-retirement mode and now wants to retire completely. He is looking for a Buyer who can successfully takeover this operation that has become a recognizable landmark in the local community for the last four decades. The salon itself is 865 sq ft and is located in a busy and established retail plaza anchored by the neighborhood grocery store and Tim Horton’s. It has 10 work stations and 6 hair dryers which are all well maintained and in excellent working condition. In addition to the owner, there are four other hairstylists working in the salon generating revenue and income to the Owner. All four hairstylists are seasoned staff with no intentions of leaving. Due to the surplus number of workstation chairs, an existing hair salon owner could takeover this salon and expand his/her operation with the addition of these established four other hairstylists.

Sunbelt Agent:

Other information

Reasons for selling:

Owner retiring

Inventory / Stock value:

$1,800

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