Business For Sale

Hair Salon For Sale!

Savannah, GA


Asking Price: Annual Revenue:
$169,900 $194,234

Services: Hair, Nails, Spas, Tanning


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RE: Hair Salon For Sale! Broker: William Reyes
Owner Financing is Available!
$116,000.00

Quick Facts

Asking Price: $169,900
Annual Revenue: $194,234
Net Profit: Not Disclosed
Cash Flow: $10,439
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 7
BBN Listing #: 554052907
Broker Reference #: 57971-83199

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Business Overview:

Located in the heart of Savannah, this salon provides a turn-key investment opportunity with an established clientele base, loyal employees, and revenue, including all NEW equipment and fixtures.

Also included is a powerful online presence which allows customers the ability to book appointments and purchase products. There is a good balance of product sales and services.

Seller is selling because of a desire to invest in a new venture. They are willing to sign a non-compete agreement, provide the new owner with 2 weeks of training at no additional cost, and offer seller financing to select buyers.

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.

Property Features and Assets:

This is an established salon with stellar reputations. For any potential buyer, it offers the stability of a turn key investment with a reliable customer base in a growing industry. The salon has had $155,000 of building improvements and furniture made over the past two years (2016-2017). Included is an online sales platform for booking reservations at both locations and for purchasing online product sales.

Market Competition and Expansion:

Located in Savannah, this salon provides a type of hair service that no one else in Savannah currently provides. Bottom line, they own the market and serve a high end clientele. They provide service as well as sell retail products. Finally, they have a powerful online presence allowing customers to book appointments and purchase products online. This business is a turn key investment; includes an already established reputation; established vendor/customer/community relationships; and a steady accounts receivable. Seller is selling because of a desire to invest in a new venture. They are willing to sign a non-compete agreement, provide the new owner with 2 weeks of training at no additional cost, and offer seller financing to select buyers. Showing Comments Potential Growth Savannah’s regional economy – which includes Chatham, Bryan, and Effingham counties – has been expanding above the national average for nearly seven years, creating 30,000 new jobs along the way, nearly all of them in the private sector. Since mid-2013, the growth has been substantial with growth projected for 2017 and beyond. The Savannah area will also benefit from the growth of the state of Georgia as a whole which is expected to grow above the national average in 2017 and beyond. Source: http://savannahnow.com/news/2017-01-18/savannah-economy-growing-healthy-pace

Reason for Selling:

New venture.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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