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Business for Sale Overview:

This large, upscale full service hair salon has the right ingredients for success. Located in an upscale neighborhood and busy downtown suburban area, the business has remained in the same location for 17 years. The owners rent chairs to the stylists on a part-time or full-time schedule, providing consistent revenue to the salon. The stylists are independent contractors, allowing each to work on and grown their own customer base. There are 18 stylists that rent chairs within the salon and a lot of the stylists have been at the salon for over 15 years. The salon carries quality product lines that provide good profit margins. The business was remodeled a few years ago including the new chairs and redesigned lobby. This salon offers some terrific options for a new owner. An owner-operator can bring in their clientele or a manager choosing not to cut hair can concentrate on increasing customers and stylists. The current owners want to rent chairs from the new owner and the above cash flow includes that rent. This is a turn-key business and a great opportunity for someone to own their own salon. The owner will finance a qualified buyer.