NOT DISCLOSED, Utah
| Asking Price |
$326,000 |
Year Established |
2012 |
|
| Annual Revenue |
$306,847 |
Reason for Selling |
Ready to let the new owners take it to the next level. |
|
| Annual P/L |
$0 |
Attention |
Mark Hockman |
|
| Annual Cash Flow |
$142,910 |
Listing Number |
989249 |
|
| # of Employees |
7 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
This Salon has built its reputation on quality and word-of-mouth referrals, creating a loyal and lasting customer base. With a strong focus on marketing and consulting services, this business has the potential to become the leading specialty hair salon in the Mountain region,with exciting franchise opportunities. Remarkably, little to no marketing has been done in the past 13 years, meaning the business remains largely untapped in surrounding markets. There is significant potential to expand by training new employees to serve broader demographics, including areas like Ogden, Provo,and southern cities like St. George. The demand for specialty hair salon sexists in nearly every city across the U.S., and with the right marketing strategy and commitment to quality and efficiency, this business could grow far beyond Utah.
Property Features and Assets:
<p>Located downtown, the shop features unique murals and a distinct atmosphere that make every visit a memorable experience. The owners have always prioritized meaningful conversations and community building within the specialty hair salon culture, creating a welcoming environment that brings like-minded individuals together and keeps them engaged.<br></p><p>Assets = $19,715</p>
Market Competition and Expansion:
<p>The majority of businesses in this industry are small, home-based operations, with 90% of practitioners working out of their homes and handling only a fraction of the volume seen at the Salon. In fact, many of those specializing in this form of hair design have either been former employees or clients of this Salon at some point.<br></p><p>The owners are confident that, with the shop’s strong industry reputation, the right buyer—paired with proper guidance—could establish it as a go-to name for high-quality hairstyling in Utah’s increasingly diverse market. They also believe their unique approach presents exciting franchise opportunities for future expansion.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity