Business Overview:
This franchised hair salon provides the full range of hair services to clientele, as well as facial waxing. This franchise provides well-known brand recognition as well as well-maintained salons. The salon is located in central Calvert County. It has 7 chairs with an average of 7 employees . The salon has a manager and an assistant manager. Employees are paid an hourly rate plus commission. Approximately 15% of sales come from sales of product. The store does about 300 transactions per week. The salons are is located in busy growing middle class neighborhood. All inventory, furniture, fixtures and equipment are included in the asking price. Direct competition would be Hair Cuttery, Great Clips or Bubbles, but mostly independent salons. Seller also owns three other locations in Anne Arundel County, MD, outside the non-compete area, which are for sale separately for $250,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The salon is located in a growing middle class town with plenty of traffic in a well-maintained strip center. Other large stores in the shopping center include Kmart, Giant, Peebles.
Market Competition and Expansion:
Most competition comes from independent salons or Hair Cuttery, but these salons are a step up from that chain.
Hours can be expanded both Saturday evenings and also Sundays when the salons currently are closed. Additional stylists can be added in each store. Additional beauty services could be added.
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 a franchise resale opportunity.
Resources: