Beautiful Modern Hair Salon For Sale

Muskingum County, OH
Muskingum County

Asking Price: Annual Revenue:
$181,000 $99,639

Services: Hair, Nails, Spas, Tanning

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RE: Beautiful Modern Hair Salon For Sale Broker: John Morris

Quick Facts

Asking Price: $181,000
Annual Revenue: $99,639
Net Profit: Not Disclosed
Cash Flow: $81,245
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 8
BBN Listing #: 57304955
Broker Reference #: 4307-11853

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Business Overview:

This is a long established salon with a long standing customer base as well as constantly attracting new customers to this well kept modern facility. The current location was built 12 years ago and is in great condition with plenty of parking. Their services appeal to the long term clients as well as customers looking for modern hair design, manicures and pedicures.

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Property Features and Assets:

It's located off a main road in the community with lots of traffic from the surrounding shopping centers as well as recent residential construction. The working area is clean and well kept with plenty of work space for each service provider. Assets = $30,000

Market Competition and Expansion:

In the area there are three other salons, all of which are much older and serve a smaller and older demographic segment. In addition, the competitors do not offer the range of hair styles and services offer by this provider. Future growth is significant as the current owners only have a small social media presence and no website. Some advertising as well as reviving competing in hair design competitions would drive significant new revenues.

Reason for Selling:

Start new venture in different marketplace.

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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