Business Overview:
Hair salon established in 2011. Conveniently located in a strip mall with high traffic and easy parking. The owner works by herself and rents a chair for $700 a month. There is room for 4 hair stations, there are 2 shampoo bowls available. Seller willing to stay and rent a chair. Seller doesn't do any advertising. Good opportunity for a new owner to add more hair stylists and keep the current owner as a renter of a station.
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Property Features and Assets:
Space is 600 square feet for $2,000 monthly rent. Lease expires in September 2021. Options are negotiable.
Assets= $11,250
Market Competition and Expansion:
There are other hair salons in the area. The market is huge as every woman goes to a hair dresser several times a year.
The salon has the potential to add additional stylists and also do some marketing to bring more traffic. Currently they don't do any marketing.
Reason for Selling:
Wants to slowdown.
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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