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- RE: Turnkey Business Model Excellent Location
- Contact: Dan J
Quick Facts
Asking Price: | $60,000 | |
Annual Revenue: | $294,400 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $46,682 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1975 | |
Employees: | 4 | |
BBN Listing #: | 949619 | |
Broker Reference #: | 59071-295801 |
Business Overview:
This is an opportunity to acquire a popular salon in an excellent location with a great reputation and strong client list. The owner has a business system that develops stylists to learn to generate a living in the business as career stylists through skill and business development.
This salon has 6 styling stations, 3 shampoo stations, a leased space for spa services (manicure, pedicure, facial, etc.) and a prominent retail area in the front of the store featuring high end products. This salon is staffed and ready for a new owner to take the current successful business into the future. The current owner is planning to retire and is willing to assist with a successful transition period to ensure a new owner is successful.
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Property Features and Assets:
Monthly Rent: $3,453.13
Square Units (Foot, Meter): 1,200
Lease Expiration Date: January 31, 2026, 12:00:00 AM
Terms Options: NNN/negotiable
Facilities:Salon with six stations
Market Competition and Expansion:
Competition: The salon is located in a popular and active strip mall with great traffic and several other businesses to gain customer and potential customer exposure. This business not only attracts clients to the salon but to the retail center The shop gets great reviews online and has a great reputation in the community.
Expansion: The team have been creative with ideas to drive new business and attract and retain more customers. A new owner can drive additional business through managing additional bookings for stylists. Additional marketing could enable greater exposure for the business to attract new clients as well as create new promotions. Increasing social media engagement and obtaining reviews more frequently is another opportunity. The current owner is willing to stay on longer to assist with the transition to a new owner.
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
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