NOT DISCLOSED, NOT DISCLOSED
| Asking Price |
$79,000 |
Year Established |
2011 |
|
| Annual Revenue |
$174,196 |
Reason for Selling |
Retirement - Spend more time with family commitments. |
|
| Annual P/L |
|
Attention |
Chris Perez |
|
| Annual Cash Flow |
$54,283 |
Listing Number |
1007497 |
|
| # of Employees |
2 |
Business Category |
Retail: Health, Beauty, Nutrition |
|
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.
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.
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