Beauty Salon

Business Overview:

Beautiful beauty salon (opened in 2021) in a prestigious location has become available for new ownership. This is an award-winning franchise with a loyal repeat customer base, offered at a significant discount over a ground-up/start-up location. The business is staffed with established, experienced technicians with enough space to triple staff and revenue. The seller has started a family, so priorities have shifted, and she is ready to move on after 6 years. An excellent lease is in place with several years left before expiration. Current Profit/Loss Worksheet for 2024, and tax returns for 2023, 2022, and 2021 will be disclosed to qualified buyers with signed Confidentiality/Non-Disclosure Agreement at the seller’s discretion. 3 years’ average revenue is $620,000, with nearly $120,000 in average sellers’ discretionary cashflow. The motivated seller is very willing to finance a significant portion of the sale.

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Property Features and Assets:

1,600 square feet located in most prestigious shopping area in Metro area, amongst restaurants, shops, coffee shops, etc. with excellent parking.

Market Competition and Expansion:

Typical for metro population, with similar services typically provided by full service salons, which usually do not offer membership values.

Reason for Selling:

Additional Details:

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