High Potential Salon in Strategic Manila Location
About this business for saleHigh Potential Salon in Strategic Manila Location
Own this vibrant salon that offers general beauty services.
Existing ten (10) hydraulic cutting chairs each with individual mirror and drawer for a more customized experience. Shop is located in the Manila area with heavy foot traffic highly contributed by colleges and dormitories surrounding the location. This establishment is situated at the ground floor of a condominium, where residents frequent the shop and have become loyal patrons. Name of the current salon has been in place for two (2) years now, but it has been around for over nine (9) years with the same owner. Established reputation has produced significant numbers of clients.
Asking price is ₱1,300,000. Monthly average sales is approximately ₱ 90,000 (excluding tax). Floor area is 60 sqm with 4 sqm frontage. Comes with 2 parking space allocation for customers. Monthly rent is ₱31,214 on a 5-year contract term.
Owner is migrating to another region, thus, the sale of business.
+63 2 958 1569
+63 917 514 4535
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.