In addition to offering full hair care services for women, men and children of cutting, styling, coloring, conditioning and extensions, this business has additional profit centers which include manicures and pedicures, waxing, professional makeup services and product sales. The computer-generated POS system provides detailed records of sales and services and for the first 5 months of 2012 reflects over 2,000 completed and confirmed appointments with a nice mix of 71% of appointments from returning clients and 29% new customers and over $9,000 in product sales.
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Property Features and Assets:
This modern and attractive salon had $50,000 in tenant upgrades and improvements done when current owner began operations. Property management will negotiate a new lease with the buyer and ease of negotiations is expected. Assets = $54,100.
Market Competition and Expansion:
There are many salons in every town in the US, but location, reputation and marketing are the big factors for success. This high-end location with a modern and attractive build-out and steady clientele positions this salon ahead of others. Non compete is 3 years from close of escrow with the counties of Yuba, Sutter, Butte and Colusa. Minimal advertising in place and no social media is in use.
Reason for Selling:
Relocation out of area due to spouse/employment.
- 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.