3 Location Profitable Hair Salon Business

Syracuse, UT
Davis County

Asking Price: Annual Revenue:
$188,000 $711,611

Services: Hair, Nails, Spas, Tanning

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RE: 3 Location Profitable Hair Salon Business Broker: Trent Lee
License #: S.0183611.LLC
Owner Financing is Available!
$150,000.00 Down Payment with the remaining balance to be paid over 36 months at 6%.

Quick Facts

Asking Price: $188,000
Annual Revenue: $711,611
Net Profit: $88,591
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 18
BBN Listing #: 68335142
Broker Reference #: 101-21214

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Business Overview:

These are highly profitable, multi-location hair salons. Managers handle day to day operations and each location, owners spends roughly 10 hours per week operating the business. Ideal buyer is either an owner operator who is licensed to cut hair so they can be involved in the day to day details or someone who is not licensed but can work operationally to grow and run the business. Business remained steady and profitable even during COVID. All gross sales revenue can be verified through sellers tax returns. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

This is a leased location of 3,600 square feet with a Total Rent of $6,076.00. Lease ends 06/2023 with a one 5 year lease options. Seller is active in the business with 18 Full Time employees. Hours of operation are 9 AM to 6 PM/8PM Monday - Friday, 10 AM to 6 PM Saturday, 10 AM to 4 PM Sunday. $30,000 in FF&E included in Asking Price. $150,000 made in Leasehold Improvements. Cosmetology License Required.

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.

Relevant Links:

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