High Potential Salon Near Universities in Manila - Price Reduced!
About this business for saleHigh Potential Salon Near Universities in Manila - Price Reduced!
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Easy to manage salon that offers general beauty services ready for a new owner. Purchase comes with its ten (10) hydraulic cutting chairs with complete set up and asset to continue business operations. Option to absorb senior and/or junior experienced hairstylist. Owner is willing to assist during transition period.
Located in Manila area with heavy foot traffic highly contributed by colleges and dormitories surrounding the location. Situated at the ground floor of a condominium, where residents frequent the salon 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 ₱950,000. Monthly average sales is approximately ₱90,000-₱100,000 (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.
Contact Princess Moratin at 0917.514.4535 (Globe) or send an email to email@example.com.
+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.