Great, Established Hair Salon On Busy Highway, Fre
Not Disclosed, VA Not Disclosed
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- RE: Great, Established Hair Salon On Busy Highway, Fre
- Contact: Bill Kelly
Quick Facts
| Asking Price: | $225,000 | |
| Annual Revenue: | $445,936 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $50,654 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 7 | |
| BBN Listing #: | 989079 | |
| Broker Reference #: | 9525-903105 |
Business Overview:
The Seller began this salon in her home and quickly moved to this shop where it has been for over 25 years. The location was built out to her specifications and provides high visibility from its frontage on a very busy highway. The customer base is very loyal and a steady stream of new clients come from walk-ins and client referrals. The Seller will prove an owner / stylist can earn $130,000 or more per year.
Contact the Seller:
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Property Features and Assets:
Monthly Rent: $2,200.00
Square Units (Foot, Meter): 1,660
Lease Expiration Date: January 2, 2024, 12:00:00 AM
Market Competition and Expansion:
Competition:
Like most higher income, growing cities, there are multiple hair salons in the area. However none have the reputation or have been doing business as long as this shop.
Expansion:
This shop maintains its customer base from walk-ins and customer referrals. However, the Seller has worked simi-absentee for several years and the shop is ready to take to the next level. Better appointment management and Increased social media is all that is required to grow income.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
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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