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Asking Price: $499,000

Profitable, Luxury Niche Salon

Not Disclosed, KY
Kenton County

Fantastic Opportunity-Profitable, Luxury Niche SalonFantastic opportunity to own and grow, an already highly profitable, luxury niche salon. The business has a reputation for superior customer service and high client satisfaction. The salon is located in a Class A real estate surrounded by affluent neighborhoods attracting high-end, repeat clientele. The salon has excellent visibility both walking and driving.The salon is part of a franchise system, giving it greater advantages over its competitors. Some benefits include: superior product quality, highly trained technicians, beautiful salon design boasting private rooms, and digital marketing support. The salon offers a membership model, leading to predictable revenue month-over-month. The business already has a high number of members with room to grow.The seller has established a strong foundation with a dedicated team ensuring a turnkey and profitable operation. The new owner can enjoy profit from day one with ample opportunity for expansion and growth. Salon has a full staff of 9 employees with experienced front desk staff and technicians running a profitable business with minor oversight from the current owner. The new owner can choose to be fully involved or in a semi-absentee role. The transition to the new owner will be seamless with the current owner offering 2 weeks of training.

Cash Flow $111,000
Revenue $378,000

Asking Price: $119,000

Established Franchised Salon in Elizabethtown, KY!

Elizabethtown, KY
Hardin County

Monthly sales are $10,000 per month! Net profit is over $6,800 per month AFTER all operating expenses! Rent is ONLY $1,750 per month! The Rent is either structured atRent includes the electricity, garbage, and water expenses! $1,000 fixed royalty per month! Franchise transfer fee is only $4,000! Strong brand value with a 4.9 star rating across 170 reviews! Salon is open from 10:00 am to 8:00 pm Monday to Saturday and 11 am to 6:00 pm on Sundays! Buyer can extend hours to maximize earnings. Seller had the business for 3 years! Currently the Seller is the sole employee running the business. Salon has 4 chairs and includes two service rooms and an office room! Buyer can provide additional services with more employees to expand operations and increase income! Only 1 hour from Louisville, KY! 1 hour 30 minutes from Lexington, KY! 2 hours 10 minutes from Nashville, TN! 2 hours 30 minutes from Cincinnati, OH! Near schools like Heartland Elementary School with over 590 students, Elizabethtown High School with 770 students, John Hardin High School with over 790 students, so Moms can visit after dropping their kids off! Near universities like Troy University with 10,000 students, Elizabethtown Community and Technical College with 3,600 students. Situated near apartment complexes like Sunshine Village Apartments, Waterford Place Apartments, Robinbrooke Crossings Apartments, Brookefield Apartments, Arlington Park Apartments, Pear Orchard Estates, and Claysville Landing Apartments. Near new complexes like Sage Spring Apartments and other active downtown developments. Average traffic count of 31,537 vehicles passing by the store each day! Located in a retail center bringing in MAJOR traffic to the salon! Located in a dense residential area with over 40,499 people within a 5-mile radius! Population is alsoincreasing by 2% every year! Asking Price for the Business-only: $119,000 plus Inventory! Inventory is approximately $5,000 at cost.

Cash Flow Not Disclosed
Revenue $120,000

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