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Details - Information last confirmed on October 5, 2020

This small but well-established salon was opened in 2008 by the seller, who is a licensed stylist. The current owner has a steady and loyal customer base and while the majority of her business is haircuts, she also performs hair-color services. The salon is located on the corner of a very busy and visible highway and prominent crossroad, so the accessibility and visibility of the salon are fantastic. When purchasing this business, the buyer would be investing in location and growth potential. A buyer could be a stylist who is ready to take the exciting step into business ownership or possibly the buyer might not be a stylist but is an individual who wants to cultivate and develop a successful salon business with 3-5 commission-based stylists or even lease out chairs.
Any potential buyer could invest in marketing, updated tools and equipment and/or products for retail sale and see the revenue increase by 3 to 5 times depending on how many other stylists the buyer chooses to hire as either commission-based employees or stylists who rent a chair. There is currently a part-time stylist who pays rent to the seller when she comes in for her client appointments— rent is 50% of each service in cash to the owner. There is currently no need for management or reception, but the salon is ripe for updating in regards to marketing, online booking and/or adding services and retail products.
This business was established in 2008 and has been at the same location for 13 years with the same owner over that period of time. Per choice, the owner currently works full-time providing haircuts and hair color services. Any potential buyer could invest in marketing, updated tools and equipment and/or products for retail sale and see the revenue increase by 3 to 5 times depending on how many other stylists the buyer chooses to hire as either commission-based employees or stylists who rent a chair. There is currently a part-time stylist who pays rent to the seller when she comes in for her client appointments— rent is 50% of each service in cash to the owner.
Historically, the day-to-day operations of the business are not complicated and the salon can easily be run by one person at a time. There is no need for management or reception, but the salon is ripe for updating in regards to marketing, online booking and/or adding services and products.

o In Business 13 years at the Same Location
o Ample Room for Adding Stylists and/or Nail and Pedicure Techs
o Locally Owned vs. Franchise Salons
o Immense Growth Potential
o Potential to Add 3-4 Hair Stylists and 1 (or more) Nail Techs
o Loyal and Established Clientele
o Owner Operated but Can Easily Add Management/Employees
o Straight Forward and Simple Operations
o Recognized Brand in Community
o Prime Location on the Corner of Hwy and Major Cross Road
o Recurring and Increasing Revenue
o Small Price Increases Will Have Large Impact on Sales
Any potential buyer could invest in marketing, updated tools and equipment and/or products for retail sale and see the revenue increase by 3 to 5 times depending on how many other stylists the buyer chooses to hire as either commission-based employees or stylists who rent a chair. There is currently a part-time stylist who pays rent to the seller when she comes in for her client appointments— rent is 50% of each service in cash to the owner.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.