Prime Opportunity: Booth Rental, Modern Hair Salon
Not Disclosed, AL Mobile County
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- RE: Prime Opportunity: Booth Rental, Modern Hair Salon
- Contact: Leslie Mccleskey
Quick Facts
| Asking Price: | $85,000 | |
| Annual Revenue: | $171,631 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $91,161 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $19,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 4 | |
| BBN Listing #: | 949296 | |
| Broker Reference #: | 24876-739703 |
Business Overview:
Prime Opportunity: Booth Rental, Modern Hair Salon in Mobile Co.
• Established Excellence: Founded in 2020, this boutique hair salon has quickly established itself as a leader in the industry.
• Flexible Business Model: Originally commission-based, the salon transitioned to a booth rental model after the first year, offering independent stylists the freedom to manage
their own businesses.
• Award-Winning Reputation: Honored with the "Best New Salon" award in 2021, recognizing its commitment to exceptional service and client satisfaction.
• Comprehensive Services: Specializing in cutting-edge hair treatments including basic gray coverage, blonding, smoothing services, and extensions.
• Convenient Service: Welcoming both walk-ins and appointments, ensuring accessibility for all clients.
• Prime Location: Strategically situated in downtown Mobile, benefiting from high visibility and consistent foot traffic.
• Revenue Diversity: Robust income streams with product sales contributing less than 10%, commission stylists generating 55%, and competitive booth rental rates ranging from
$175 to $250 per week.
• Growth Potential: Positioned to capitalize on the trend of independent professionals seeking creative and flexible work environments in the evolving beauty industry.
• Community and Collaboration: Providing a supportive atmosphere where stylists can thrive independently while fostering a collaborative community spirit.
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Reason for Selling:
Prioritizing FamilyAdditional 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
Relevant Links:
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