Business For Sale

Beautiful Salon with Established Renters

Raleigh, NC
Wake County

Beautiful Salon w/ Established Renters


Asking Price: Annual Revenue:
$45,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning


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RE: Beautiful Salon with Established Renters Broker: Neal Isaacs

Quick Facts

Asking Price: $45,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 6
BBN Listing #: 948254992
Broker Reference #: 1431849

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Business Overview:

Beauty professionals... Stop renting and start owning!
This established salon has been in the same desirable zip code in North Raleigh for more than two decades and has the repeat customers and long term booth renters that come with that reputation. The owner has invested in the space with new floors, new chairs, and more equipment updates to create a clean and welcoming environment. The high traffic location in a busy outdoor mall includes courtyard space and some of the most sought after retailers and restaurants in the Triangle. After several decades in the business this salon owner is ready to retire, leaving a prime opportunity for the next generation to continue the profitable business he has built.

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Market Competition and Expansion:

Competition: The landlord has protected the current business owner from other salons and hair styling businesses from moving into the shopping center. Growth & Expansion: The salon operates on the booth rental business model and currently has six of ten chairs rented at a low market rate. A future owner could rent more booths and raise the monthly rate or change to a commission business model for additional revenues.

Reason for Selling:

Retirement

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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