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- RE: Beauty Salon High Traffic Location
- Contact: David Smith
Quick Facts
Asking Price: | $119,000 | |
Annual Revenue: | $229,259 | |
Net Profit: | $60,000 | |
Cash Flow: | $60,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $5,531 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 3 | |
BBN Listing #: | 988575 | |
Broker Reference #: | 1HSAM |
Business Overview:
Established nonfranchise hair salon. You control your prices and the services you offer. No extra fees, royalties, or restrictions to deal with.
This is a fully equipped and totally turnkey beauty salon with very little to NO remodeling necessary; it’s ready for you to start cutting, coloring & styling right away.
Currently, there are 6 hair stations here, with 3 of them rented out to hair stylists. So you can collect money from these 3 stylists also collect money from your own customer base and the seller is even willing to introduce you to her client base as she wants to retire. So you can enjoy making money from three different revenue sources.
This is a very high-traffic shopping plaza with many big-name anchor businesses, including a major grocery store chain just right next door. Talk about great location, with the grocery store next door & the huge customer flow that it generates literally 100’s see your salon signage while they are going in…and…coming out of the grocery store. How’s that for great business exposure?
This is at a highly coveted eastside location. With this plaza being so big, you know there is lots of many free parking. This shopping plaza & this area are not shrinking, as a matter of fact this area is growing in leaps and bounds. All this growth figures to make this already busy plaza even more better and busier. So the future looks like lots of cutting, coloring and styling profits to be made.
This salon is 1,400 square footage, clean, bright up to date, and inviting. The lease here expires later this year but the landlord is willing to extend the lease or even give a new lease so keep your scissors sharp as you’re gonna be here for a while. This is probably, maybe the best beauty salon on the market. It's definitely worth a drive-by or a pop-in.
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Property Features and Assets:
The monthly lease is $6,550 with the triple net included. The current lease expires later this year, but the landlord is willing to give a new lease to a new owner/tenant. The size here is 1400 SQ FT with 6 hair beauty stations. This salon is clean, bright, and up-to-date. Huge shopping center that stays busy every day with and has more free parking than you will ever need.
Market Competition and Expansion:
This salon has six hair beauty stations having 6 hair stations are very nice as you can lease them to contractors and make your monthly lease just disappear. Currently, the owner has 3 of the 6 hair stations leased out, which takes a major chunk out of the monthly lease. Another way to improve the profits here is to add retail sales as retail sales here are not happening man. There is a franchise haircut business and a nail salon in this shopping plaza, but this is the ONLY FULL SERVICE SALON in this very big shopping plaza.
Reason for Selling:
Seller RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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