Does buying this salon make sense

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Purchase price:45k

Expensives (monthly): 1. Rent: $800 2. Phone, Cable, internet: $175 3: Electric: $250

Combined monthly: $1,225. Combined yearly: $14,700.

Income (weekly) Per stylist :$150 Space fits 4 stylist. Income monthly: $2400. Income yearly: $28,800.

Returns after expensives: $14,100.

ROI 31.33%

Time to cover your initial investment In months: 38 In years: 3.19

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