High End Blow Dry Bar and Hair Extension Salon

Not Disclosed, UT
Salt Lake County

Asking Price: Annual Revenue:
$149,900 $327,772

Services: Hair, Nails, Spas, Tanning

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RE: High End Blow Dry Bar and Hair Extension Salon Broker: Meili Myles
Owner Financing is Available!

Quick Facts

Asking Price: $149,900
Annual Revenue: $327,772
Net Profit: Not Disclosed
Cash Flow: $43,678
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 10250336
Broker Reference #: 15541-370281

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Business Overview:

This is a great opportunity to own a well-developed and independent salon that provides a full range of hair and makeup services. The business has a loyal client base, including those who participate in a monthly subscription program. The salon offers a variety of services: blow-outs, make-up, cut and color, and hair extensions. The business has a commission model that could turn into a booth rental model. The clients come to the salon for their regular hair services as well as for special occasions such as weddings and proms. The salon will be sold with trained staff and a brand that is already well known in the area
The current owner opened the business in 2018 in a trendy, upscale area in Salt Lake County. The shopping center where the salon is located is in a high traffic area and is well-known for its high end and one-of-a-kind stores.

Although there are many other salons within a close area, there is not another blow dry bar that also provides blowouts and hair extension services in the 3 miles proximity. The business has a distinct competitive advantage for their high-quality blowouts services.

A new owner could grow the business by opening other locations as well as pursue franchising the concept, especially since the business has a great brand and diverse revenue streams.

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Reason for Selling:

Other business.

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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