Business Overview:
Aveda Concept Salon's are recognized around the globe for being at the forefront of fashion and employing highly respected stylists who are expertly trained in all aspects of hair care. Taylor David Salon offers complete hair care services based upon the top of the line of Aveda products. A track record of year over year growth at a single location for the last 15 years. Well established business, well known location, with a repetitive base of clients. Taylor David Salon is an "Aveda Concept Salon" and this brand has been a consistent generator of customers many of whom are referred via the Aveda website. Taylor David Salon has a loyal following of clients contributing to year over year increases in the top & bottom line.
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Property Features and Assets:
Business is located in prestigious Pinehurst, North Carolina in the heart of the Historic District, just down the road from the famed Pinehurst Resort the nation's oldest golf vacation destination. The greater Pinehurst Area commonly known as the "The Sandhills" has become a destination spot for tourists and golf enthusiasts and is poised for significant growth in the coming years as a result of several new resort communities being constructed by two large developers in addition to a large influx of higher-end people being brought to the Pinehurst area as a result of an Army, Major Command, Base Re-alignment.
Market Competition and Expansion:
Taylor David Salon is the only Aveda Concept Salon in Pinehurst, NC with only one other Concept Salon in the area neighboring town, Southern Pines.
The Greater Pinehurst Area has been experiencing strong growth over the last decade, a trend that is planned to continue for the foreseeable future. Oceanico, an International Developer is in the first phase of expanding the Little River Golf Resort, a Master Plan Community that involves over 1,000 homes. Secondly, Stonehill Capital Group is developing neighboring Foxfire Village into a master-planned resort community and could have as many as 1,000 homes once completed, equipped with two Jack Nicklaus designed signature golf courses and a Ritz-Carlton hotel. Last but not least, the Sandhills area is soon to be a benefactor of a major Army Base Realignment at neighboring Fort Bragg responsible for bringing 40,000 plus people to the area through February 2011. The upper echelon is anticipated to reside in the Greater Pinehurst Area based upon the desirable school districts, area amenities, and lifestyle offered. While the business fundamentals of Taylor David Salon are excellent, there is a clear path for growth. Business could be expanded without any infrastructure change by adding 2 additional full time stylists. Expansion into Aveda 'skin care' & 'spa' services would be a natural fit for this business and would permit owner to up sell these services to existing customer base. Aveda offers lots of incentives to Salon owners to expand into either one or both of these areas.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.