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- RE: Own Your Own Hair Salon! Established, Renovated!
- Contact: Ryan Armstrong
Quick Facts
Asking Price: | $65,000 | |
Annual Revenue: | $81,527 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $49,048 | |
Total Debt: | Not Disclosed | |
FF&E: | $40,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 7 | |
BBN Listing #: | 502262221 | |
Broker Reference #: | 21997-898321 |
Business Overview:
This owner-operator opportunity is truly exceptional. Since its establishment in 2007, this business has received unwavering support from the local community. With its continuous growth through the years, this salon has become a household name in the area by expanding services, operating extended hours, and adding talented stylists. In 2015, the business underwent a major transformation under new ownership, resulting in a remodeled and improved interior that exudes a warm and inviting ambiance. With top-of-the-line equipment, washing stations, dryers, and work stations, clients rave about their experience. It's no surprise that the business is thriving, with waiting lists for appointments and all chairs leased out. Don't miss out on this fantastic opportunity!
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Property Features and Assets:
Monthly Rent: $1,372.00
Square Units (Foot, Meter): 900
Terms Options: NNN
Facilities: Same great location for 16 years
Market Competition and Expansion:
Potential Growth: Additional services, extended hours especially in the evenings, doubling chair rentals on part time stylist.
Competitive Overview: Many loyal clients that have standing monthly appointments and refer their family and friends. People in the community love coming to this store for the atmosphere, quality and people.
Reason for Selling:
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
Documents:
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