Very Profitable, Absentee Ran, 2 Location Salon

Not Disclosed, UT
Washington County


Asking Price: Annual Revenue:
$199,999 $683,036

Services: Hair, Nails, Spas, Tanning


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RE: Very Profitable, Absentee Ran, 2 Location Salon Broker: Skyler Ence
Owner Financing is Available!
$200,000.00

Quick Facts

Asking Price: $199,999
Annual Revenue: $683,036
Net Profit: Not Disclosed
Cash Flow: $123,450
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 19
BBN Listing #: 354957058
Broker Reference #: 35715-652155

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Business Overview:

Well known hair salon franchise with multiple locations. The main goal of this salon is to provide a high quality salon experience at an affordable rate for all customers to be able to afford. Owner has management in place that allows them to be very hands off on the day to day business. Both locations have been able to weather the COVID storm and are back up and running at full staff and full hours. This is a great opportunity to own a turn key business without having to be married to the business all day everyday.

Current owner started as a stylist that was working for another salon. They wanted to pursue the opportunity to work for themselves. What they found was an opportunity to grow the two locations and provide a steady flow of cash flow and an operation. The current owners own other businesses that they are needing to focus more on and they are ready to spend that time where it is more required of them. Competitive Overview These salons fill a specific niche for people that are wanting to have a qualiyt hair cut experience, without overpaying for it. They experience many repeat customers that appreciate the quality of their service and customer service they have received over the years.

Potential Growth: Currently the company is not spending money on a local marketing plan. Currently the owner relies heavily on the marketing put together by the franchise. By combining that marketing with a targeted local campaign, there is an opportunity to reach out to new customers and grow the revenue.

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Reason for Selling:

Other opportunity.

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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