Absentee Owned High End Hair Salon

Florence, SC
Florence County

Asking Price: Annual Revenue:
$299,000 $470,000

Services: Hair, Nails, Spas, Tanning

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RE: Absentee Owned High End Hair Salon Broker: Katherine Harris

Quick Facts

Asking Price: $299,000
Annual Revenue: $470,000
Net Profit: Not Disclosed
Cash Flow: $106,000
Total Debt: Not Disclosed
FF&E: $7,260
Real Estate: Not Disclosed
Year Established: 2019
Employees: 13
BBN Listing #: 85553321
Broker Reference #: COLUMSC001-N1396

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Business Overview:

This well-established and extremely popular salon is looking for new ownership. They provide upscale beauty services including cutting/styling, color, extensions, makeup, and more. The business has an extensive customer base and its reviews and ratings on social media are off the charts! The salon has a tight, established group of employees including licensed cosmetologists. Many of the stylists have worked in the salon for several years, allowing the business to operate under semi-absentee ownership. The current owner works approximately 15 hours per week - 5 at the salon and 10 from home. There is also a robust training program in place for all stylists at the salon, which is attractive to incoming applicants and cosmetology school graduates. The salon offers a warm, welcoming atmosphere in a beautiful facility with modern furnishings and fixtures. Ample parking is available, and it is well situated in a central part of the city. The business has received many accolades for its excellent services. Sales have increased year over year and are on track to continue this trend. This would be an excellent opportunity for a stylist looking to own their own salon, or for an ambitious entrepreneur looking to purchase a well-run and profitable business. To complete our NDA and download our Confidential Business Summary, which contains more information about this business, please fill out the Contact Form. You can also contact Katherine Harris at kharris@sunbeltnetwork.com or 803-779-2919. An NDA and Buyer Profile will be requested.

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Reason for Selling:

The owner is relocating.

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.

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