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  • RE:  Hair Salon In Southeastern North Carolina
  • Contact:  Ben Shaw

Quick Facts

Asking Price: $440,000
Annual Revenue: $698,232
Net Profit: Not Disclosed
Cash Flow: $170,628
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 8
BBN Listing #: 997562
Broker Reference #: 1301-19077

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Business Overview:

This well-established salon boasts a dedicated team that serves clients in a high-traffic, upscale retail center. Operating in a modern 1,400 sq. ft. facility with multiple stations, the business is recognized for its consistent demand and reputation as one of the busiest in its area. They have a full staff of highly skilled full and part-time stylists. Many have years of experience, including as educators, managers, and owners. Allowing for both stability and continuity for a new owner. The business offers top professional product lines, uses innovative techniques, and is supported by strong vendor relationships. It benefits from a steady customer flow driven largely by its location, high quality of service, and word-of-mouth referrals. Their clients leave feeling pampered and confident.
The company’s clientele includes a loyal and recurring base, many from nearby residential communities with strong disposable income. This area has growing demand for beauty services. Opportunities exist for further growth by increasing retail product sales, and expanding stylist availability. Operations are streamlined, with the owner primarily overseeing payroll, ordering, and general oversight, requiring limited weekly involvement. This makes the business attractive to both hands-on operators and semi-absentee investors looking for a turnkey service business in a desirable market.
The SDE shown includes a monthly rent charge of $2,865, and is for a full-time owner-operator.

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Property Features and Assets:

The company operates from a well-maintained, modern facility in a busy retail shopping center. With an attractive layout and a prime location, the salon benefits from steady customer traffic and strong visibility. The interior has been updated recently, providing a clean and professional environment for both stylists and clientele.

Assets = $18,500

Market Competition and Expansion:

The business operates in a competitive but growing industry, with strong demand for professional salon services. Its reputation and consistent demand have positioned it as a leading option in its market.

Growth opportunities exist through increased retail sales, expanding stylist availability, and modest marketing efforts. The location and established client base provide a strong foundation for expansion.

Reason for Selling:

Owner looking to retire and reduce workload. 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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