Seller's Contact Information
- RE: Eastside Kid's Hair Salon -Absentee
- Contact: Nicole Wright-Neumiller
Quick Facts
Asking Price: | $170,000 | |
Annual Revenue: | $395,844 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $80,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 7 | |
BBN Listing #: | 584656307 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Here is your chance to own a piece of the pie, as Children's Hair Salons can be a very lucrative niche in the beauty industry. This VERY Busy, Full-Service, Kid's Hair Salon has 6 stations and has been a family staple in a PRIME Eastside town for a few decades. It's a turn-key, absentee business, ready for an owner/operator to take charge or another absentee owner/Buyer to fill the Seller's role. The business has a heavy flow of repeat customers and many family generations have made this business their family's go to hair salon. SALES were down in 2021 because of Covid, you can expect in 2022 the number will be closer to 2019 gross sales which were $560,690. Not much better of an opportunity exists in the salon/beauty industry. Better hurry, this one will go quick!
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Property Features and Assets:
Excellent Lease.
Market Competition and Expansion:
You could add additional services, add a Day Spa section, and promote kid spa parties, options are endless. Not much competition in the area.
Reason for Selling:
Other Opportunities
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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