Seller's Contact Information
- RE: Kids Hair Salon, Has 2 Full-time Stylists
- Contact: Kristina Wynne
Quick Facts
| Asking Price: | $50,000 | |
| Annual Revenue: | $175,449 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 11,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 2 | |
| BBN Listing #: | 201362804 | |
| Broker Reference #: | 041621-383330 |
Business Overview:
Kids Hair Salon, has 2 Full-time Stylists with Demand for More!
This salon has cornered the children hair braiding market with an active client base of almost 2,000 children ages 2 – 17. The salon’s active social media page keeps the beautiful hair styles, luxurious interior aesthetic, and dedicated staff top of mind. Customer referrals is also a major driver of continued growth for this company!
This is a turnkey opportunity, for a new owner and it does not require you to be a stylist. If you love children, beauty, and managing people this is a great opportunity for you. The next owner will want to focus on growing the business back to full capacity, which is housing 8 stylists. With millennial parents being busier than ever, the children’s market for grooming continues to expand year over year and this company has grown year over year as well. At its peak, pre-pandemic, all 8 seats in the salon were filled. Now, post-covid there are 2 dedicated full-time stylists and the salon is open 7 days a week.
Finally, in addition to styling services, this salon offers manicures, hair braiding trainings, and has a line of beauty products for children. This business is primed for growth under a leader who has the passion to scale it to its fullest capacity.
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Property Features and Assets:
Monthly Rent: $3,800.00 Square Units (Foot, Meter): 1,200 Lease Expiration Date: August 31, 2026, 12:00:00 AM Facilities:Retail Space FF&E General Condition: Good Condition
Market Competition and Expansion:
Given that the business caters specifically to children between 2-17 years old, it is in a unique position to provide specialized services that are not offered by other hair salons in the area. This presents a fantastic opportunity to establish a loyal customer base within the local community. Overall, the lack of competition in the area presents a unique opportunity for the business to establish itself as a leader in children's hair care. By offering personalized services, focusing on customer service, and building relationships with the local community, the business can set itself apart and attract a loyal customer base. The convenience factor is a major selling point for parents these days, and this kid's salon has definitely capitalized on that. With the rise of two-income households and the constant hustle and bustle of modern life, parents are looking for ways to simplify their routines and save time. By offering a one-stop-shop for all their child's grooming needs, this salon has created a loyal customer base that values the convenience and peace of mind that comes with knowing their child is in safe hands. Another aspect of this business that has potential for growth is the products sold in-store and online. Parents are always on the lookout for high-quality, safe, and effective products to use on their children, and this salon has the opportunity to provide just that. By carefully curating a selection of products that are in line with their brand values and mission, they can become a trusted source for parents looking to make informed purchasing decisions. Expanding into the e-commerce space is also a smart move for this business. With so many people shopping online these days, having a strong online presence can help them reach a wider audience and generate more revenue. By offering an easy-to-use online store with a variety of products and services, they can appeal to busy parents who prefer the convenience of shopping from home. Overall, this kid's salon has a lot of potential for growth and success in the coming years. By continuing to focus on convenience, safety, and affordability, and by expanding their product offerings and online presence, they can continue to attract and retain loyal customers and position themselves as leaders in their market space.
Reason for Selling:
owner has moved out of the state
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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