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- RE: Proven Isle Of Palms Hair Salon On For Sale (Reduced To Move Fast)
- Contact: Chris Perez
Quick Facts
| Asking Price: | $79,000 | |
| Annual Revenue: | $174,196 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $54,283 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 2 | |
| BBN Listing #: | SB-58731 | |
| Broker Reference #: | CHARLSC002-58731 |
Business Overview:
Owner retirement: This is a rare chance to step into a profitable, well-located salon with immediate cash flow in a premium coastal market. Salon Latitude is a turnkey, established premier hair salon located in the heart of Isle of Palms, South Carolina — a rare opportunity to own a thriving beauty business in one of Charleston’s most desirable beachfront communities. - Prime Beachfront Location — Situated directly on Palm Boulevard with immediate beach access and high-visibility foot traffic from locals and tourists year-round. - Proven Track Record & Longevity — Operating successfully for years with a loyal, established clientele and strong repeat business. - Excellent Financial Performance — Consistent revenue and solid profitability (full P&L available under NDA). - Favorable Long-Term Lease — Potential 5-year extension through 2026 with renewal options and predictable annual escalations. *Based on the landlord approval. - Fully Equipped & Move-In Ready — Modern salon setup including styling stations, equipment, and inventory — no major capex required. - Growth Potential — Ideal for an owner-operator, stylist team expansion, or adding services like retail, spa treatments, or bridal.
Contact the Seller:
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Property Features and Assets:
Assets: -Prime beachfront location at 1202 Palm Blvd, Suite C, Isle of Palms, SC 29451 with urban loft design. -5 hair stations and 1 pedicure station. -FF&E valued at $50K (chairs, sinks, tools, etc.). -Inventory of supplies (~$5K). -Website (salonlatitude.com) and Vagaro booking system. -Client database and loyal clientele. -Strong online reviews and social presence. -Assignable lease at $2,070/month (below market $35-50/sq ft), includes taxes/insurance/CAM, with 5-year renewal option.
Market Competition and Expansion:
In a fragmented U.S. beauty market ($247.6B in 2026, 7.22% CAGR), Salon Latitude excels with niche beachfront appeal. Unique Edge: Tourism-driven seasonal peaks (20-30% higher) and affluent clientele loyalty. Barriers: Prime location deters entrants; 60% of salons cite relationships for retention (Statista). Local Boost: Charleston's $14B tourism (7% growth) fuels traffic, outpacing generalists.
Reason for Selling:
Retirement - Spend more time with family commitments. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- 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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