Very Profitable Branded Hair Salon

Saint Louis, MO
St. Louis County


Asking Price: Annual Revenue:
$50,000 $420,000

Services: Hair, Nails, Spas, Tanning


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RE: Very Profitable Branded Hair Salon Broker: Vernon Suemnicht

Quick Facts

Asking Price: $50,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: $42,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 12
BBN Listing #: 179744695
Broker Reference #: BBN-MO-EU

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Business Overview:

This branded salon is located in a major shopping center adjacent to a major grocery store.
This is a very profitable salon with sales exceeding $400,000 the last five years and cash flow exceeding $40,000 in 2018. This salon has had very consistent sales and cash flow since it opened in 2005.
The owner is ready to retire and do some traveling. He is motivated to sell, the asking price of $50,000 is less than 1.5 times earnings

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Property Features and Assets:

This branded salon has been kept in top notch condition.

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.

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