Established, Successful Hair Salon & Barber Shop

HELENA, Montana

Asking Price $60,000 Year Established 2010
Annual Revenue $41,544 Reason for Selling The owners want to retire.  
Annual P/L $0 Attention John Maslanik
Annual Cash Flow $30,550 Listing Number 994251  
# of Employees 4 Business Category Services: Hair, Nails, Spas, Tanning

Business Overview:

This Successful Hair Salon and Barber Shop is a great opportunity for someone who wants to become an independent operator. Established in 2010, the business has over a decade of repeat customers and loyal clientele. Its location, at the crossroads of two heavily trafficked commercial streets in Helena, is accessible to walk-in customers, including handi-capped, from a paved parking lot and very visible to crosstown traffic. Historically, the business has not operated under a revenue-sharing protocol, but this could be changed to generate more revenue for the new owner.

Property Features and Assets:

<p>Inside the business, there are five (5) complete workstations, two (2) with sinks plus comfortable seating for waiting customers. There is a back-of-the-shop storage room to store supplies and equipment. Plus, the sale includes storage cabinets, seating, two mini refrigerators, numerous mirrors, cabinets, pictures and decorations, and stylist chairs.&nbsp;Pre-COVID, a side salon with over 400 sq. ft. of additional space was active and could be rented out again, as a nail salon or to additional (4+) stylists.</p><p>Assets = $10,550&nbsp;&nbsp;&nbsp;&nbsp;</p>

Market Competition and Expansion:

<p>Competition is normal for this type of business, but few have such a strategic location as this one.<br></p><p>The growth potential is very strong for a new owner with the personal skills to capitalize on one of the fastest-growing cities in Montana.<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

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