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- RE: Luxury Legacy: Elite Salon, Celeb Glam, Weddings
- Contact: Ryan Mortensen
Quick Facts
Asking Price: | $950,000 | |
Annual Revenue: | $1,829,855 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $309,790 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1988 | |
Employees: | 25 | |
BBN Listing #: | 995807 | |
Broker Reference #: | 8455-891904 |
Business Overview:
CONFIDENTIALITY NOTICE: For the protection of this sale, the actual location of the salon and its city must be kept private. As the listing broker, I will release this information only to vetted and qualified parties.
Legacy Luxury Salon, is an established, absentee-run salon with a premium brand and a highly profitable business model, now available for $950,000.
Key Highlights:
Strong Financials: The business is highly profitable, with a 2024 Seller's Discretionary Earnings (SDE) of approximately $285,311.30, justifying a 3.3x SDE multiple.
Absentee-Run & Turnkey: The salon operates with a dedicated manager, with all day-to-day work handled by the crew. The owner’s role is effectively zero, making this a passive, turnkey investment.
Exclusive & Unique Assets: The salon features a unique celebrity hair and makeup division with direct agent referrals and a thriving wedding division, providing high-margin, consistent revenue streams.
De-Risked Acquisition: A major concern for buyers has been addressed - the lease renewal is guaranteed, and the new terms are already set.
Established Legacy: With over 35 years of history and a reputation as a "crown jewel" of the industry, the business has immense brand equity and a low employee turnover.
This is a rare opportunity for an investor seeking a passive income stream or a visionary looking to own a highly prestigious, de-risked brand with significant growth potential.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
Contact the Seller:
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Property Features and Assets:
Business Hours of Operation
9-7 PM Mon-Sunday
Owner Weekly Hours
0
Years Owned
35
Lease Expiration Date
October 31, 2026, 12:00:00 AM
Terms Options
15 year renewal
Reason for Selling:
retirement. 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
Relevant Links:
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