5301 43 Street, Red Deer, AB, T4N 1C8Listing ID# CA0097421
Offered for sale, this long standing Hair Salon, complete with 7 stylists is available for less than the replacement cost. Price includes all leasehold improvements, equipment and inventory. The current owner is a part time stylist (2 days per week) as the business operates nicely without full time owner involvement. The Adjusted earnings before interest, taxes and depreciation is $61,000/year, with great growth potential for a hands on owner operator. Most recent Revenue numbers provided by the owner reflect $347,921 per year in Annual Revenue. Owner is willing to provide adequate training and ongoing support to new owner. Business qualifies for the Canada Small Business Lending Program allowing business purchase with a lower down payment. Non-Disclosure Agreement is required prior to releasing additional information.
Listing courtesy of Royal Lepage Network Realty Corp.
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Last Updated On: 1/12/2017 12:00:00 AM