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Business For Sale
LUXURY HAIR SALON
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Asking Price: |
$400,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Owner is burned out from 25 years in industry |
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Year Established:
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2005 |
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Yearly Revenues:
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$634,731 |
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Yearly Cash Flow:
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$91,181 |
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Yearly Gross Income:
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$538,813 |
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Monthly Payroll:
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$23,800 |
Business for Sale Overview:
This is an absolutely beautifully decorated salon. When one says "Top of the Line" this salon is it. 12 chairs/stations, 1 pedicure/manicure, 1 make-up, and 2 massage tables which can be used together, or separated by sliding wall. This owner is a Master Colorist and an extremely high percentage of the clients have coloring performed. All staff is trained in coloring. I cannot state how beautiful this property is, when you walk in you feel like you are in a four star hotel lobby. Very profitable, private hair products line out of New York, and excellent staff.
Property Features and Assets:
Excellent equipment, leasehold improvements are stunning. Lighting, high ceiling, window dressing, hardwood furniture, extremely well designed and decorated.
Market Competition and Expansion:
Excellent staff, highly trained. High recognition in the community as one of the top salons in the local area. High referral business. No Web Site, which I believe is a huge disadvantage. Very little marketing which needs to be improved.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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