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Listing Broker Information

Keith Munshower
Business Broker Associate & Commercial Realtor
Keith’s knowledge and background in the financial services industry with a specialty in estate planning brings a unique prospect to business owners.

For over fourteen years, Keith has been working with small businesses and family-owned companies to help them develop an exit strategy plan for internal succession or ownership transfer. This unique and innovative “project” approach has helped business owners find the right buyer at the right price and has helped business buyers obtain the right business for them.

Over the years Keith, has developed a strong network of community contacts and business professionals in Central Pennsylvania and beyond that assure that each project is focused on the details, individual attention, competitive fee structures, and marketing that ranges from grass roots to a national presence.

As a local business owner himself, Keith was the founder and Vice President of Premier Wealth Management. As Vice President Keith was invaluable in growing what was a single office into four offices located throughout Central Pennsylvania. After selling his company, he was a direct appointment as a Partner and Director with two different Fortune 500 companies with offices here in the Harrisburg area. From his own experiences, Keith understands the ups, downs and challenges that business owners face every day. Thinking “outside of the box” is Keith’s strongest attribute in achieving success for his clients in today’s changing business environment.

Keith was born and raised in the Harrisburg area and knows how important that is when it comes to serving his clients. Knowing the area and working with so many professionals over his business career has helped Keith understand what it takes to complete a successful transaction.

Keith is a PA licensed real estate sales person with Mid Atlantic Realty Group, LLC. He focuses on commercial sales and leasing, in addition to business brokerage.

He is active in several professional, community and youth organizations. He resides in Dillsburg with his wife and children. Keith has a proven record of success in the work undertaken for his clients and he is ready to put his initiative and creative efforts to work for you with MCA in Cumberland, Dauphin, Perry, Adams and York counties.

email: keith@mcabizbrokers.com

phone: 717-657-7000 / 717-648-6618

Contact Information

BusinessesFor Sale

Listing Information

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Tanning & Hair/Nail Salon
Listing ID: 1198	Location: Cumberland County
Brief: Virtual Tour Available! NEW PRICE AS OF 1-21-10: $99,900. 50% SELLER FINANCING. This business is not your everyday hair & tanning salon. The owner / operator has worked to increase and keep the 10,950 client data base from this 20 year establishment. This upscale salon has a substantial base of satisfied customers who come from the immediate area.

Listed Price:

$99,900

Total Sales:

$215,000.00

Seller's Discretionary Earnings:

N/A

Fixtures Furniture, & Equipment:

$200,000.00 (Included in Listing Price)

Real Estate:

Inventory:

$7,200.00 (Included in Listing Price)

Financing / Terms:

The owner is offering 50% seller financing. Commercial financing is available with a local bank lender under the SBA small business loan program. MCA will assist a buyer with loan proposal development to secure financing at no fee to the buyer.

Business Information

Year Established:

1988

Number of Employees:

4 Full Time / 1 Part Time

Days and Hours of Operation:

Monday to Friday: 8:00am to 9:00pm Saturday: 8:00am to 4:00pm Sunday: 10:00am to 4:00pm

Relocatable:

Yes

Franchise Information:

This business is not a franchise.

Facilities / Location:

The business leases approximately 2,800 square feet of salon space in a strip center that is conveniently located. The current term on the lease expires in 2011 however the lease has a renewal option. The current lease rate is $2,833 per month. All Tanning equipment is high quality, well maintained and are the latest model beds and technology. There are (4) four styling stations. (1) stand up 10-min bed (8) 20-min beds (1) stand up 10 min bed (1) UV spray tanning both (1) massage therapist station (1) nail & pedicure station.

Lease Information

Lease Expiration Date:

Option:

Lease expires in 2011. The lease has a renewal option.

Monthly Rent:

$2,833.00

Additional Information

Reason for Selling:

The owner wishes to relocate to Florida with her family.

Business Description:

The business is not your everyday hair & tanning salon. The owner / operator has worked to increase and keep the 10,950 client data base from this 20 year establishment. This upscale salon has a substantial base of satisfied customers who come from the immediate area, but also from surrounding areas to receive the expertise of the business' professionally trained staff. The client is always treated to a relaxing experience. Each visitor can expect to be pampered during their visit. This full service salon is able to meet all the client’s needs from hair, nail and massage therapy to tanning, skin care and make-up services. This truly is a one stop shop. The client can enjoy refreshments which include tea or coffee...or a glass of wine to relax and enjoy the total experience! The professionally trained staff can provide consultation for various hair styles and coloring procedures. Appointments with the stylists are preferred, but walk-ins are always welcome. The area around this location is a great mix of business, retail and higher-end residential communities.

Potential for Growth:

This is a successful hair salon with the capacity for expansion and growth by adding more stylists. The location is convenient and well established. The business park across the street is expanding with two hotels that will be built less then a 1/4 mile from this business. This is a unique opportunity for someone to take ownership of a 20 year establishment with a extensive customer base and track record.