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Business For Sale

10 STATION HAIR SALON

Attn: Michael Nolan
Raleigh, NC, USA
Listing #: 949224875
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Asking Price: $85,000 USD USA Dollars
Business for Sale Industry: Services: Hair, Nails, Spas, Tanning  
Reason for Selling: Health Reasons
Year Established: 2006
# of Employees: 8
Yearly Revenues: $137,750
Yearly Cash Flow: $40,000
 

Business for Sale Overview:

Beautifully appointed with like new equipment and furnishings, this salon is in an accessible high traffic location. The salon has ten stations, 9 hair dryers and 3 shampoo sinks and offers cuts, color and highlights, relaxers, weaves/hair extensions, make-up services and waxing. The stylists that are in place have great followings and will be staying on. This is a great opportunity for either an owner/stylist or absentee investor.


Property Features and Assets:

1,800 square feet leased space.


Market Competition and Expansion:

Currently only 8 of the 10 booths are rented. Renting the remaining 2 booths would add over $20,000 of additional income. Also, this salon was recently converted to booth rental as current owner stepped away from the business for health reasons and was previously a commission salon. An owner/operator could convert the salon back to commission.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for 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.

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