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Re: buying a small business
Here's what I know about it right now:
-It's a very nice location, on a busy intersection of two main roads where I live. It's relatively new, probably only been in business for 2-3 years. I'm also familiar with the owners since I went there a few times prior to going to Vegas to get married. It's a very clean salon and well maintained.
-The downside is the salon is a bit on the small side, approx. 1400 sq. feet. Not much room for expansion unless you could buy a location next to it and knock down a wall. Not sure of how many beds they currently have, my guess would be 6-7 with one of them being a high end model.
-They state they already have a client base of 1300 people.
-The mortgage would work out to be less than $500 per month.
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