Potential Salon in Strategic Location
About this business for salePotential Salon in Strategic Location
Own the assets and loyal customers for almost 5 years of this vibrant salon that offers affordable general beauty services.
Existing eight (8) salon chairs each with individual mirror and drawer for a more customized experience. Shop is located in the Makati area with good foot traffic highly contributed by residential condominiums surrounding the location. This establishment is situated at the ground floor of a commercial building, where residents frequently visit the shop and have become loyal patrons. Name of the current salon has been in place for almost five (5) years now. Established reputation has produced significant numbers of clients whom its owner was frequently invited on events outside its shop to provide services.
Asking price is ₱1,300,000 plus VAT and other government taxes necessary. Floor area is 75 sqm with 3-4 sqm frontage. Comes with spaces allocation for customers in front of the shop and within the basement. Monthly rent is ₱33,000 on a yearly contract term.
Owner will be opening a new salon in his hometown in Paranaque and will be focusing there thus, the sale of business.
Office: Manila-Ortigas Center
Phone: +63 2 622 4403
Mobile: +63 917 822 1447
Broker: Jayson Manaol
+63 2 900 8000
+63 917 822 1447
*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.