Details - Information last confirmed on April 1, 2021
High-End Beauty Salon Poised For Record Revenue
Most small businesses only dream of reaching $1M in sales. Before its recent remodel, this high-end salon consistently broke the $1M mark by a comfortable margin. Now, with design efficiencies built into its modern and inviting new space, the business is poised to surpass its previous sales performance.
This business undertook a large-scale remodeling project in 2020, a year that was unkind to salons. While many stores were forced to shutter their doors, this salon weathered the storm despite remodeling costs and COVID shutdowns. The secret of this Company’s resilience lies in a combination of operational optimizations and highly trained staff. A dedicated team of a manager and stylists run the business as if it were their own, providing exceptional service and efficient operations with and without the Owner’s oversight. The 17-year-old salon has earned a reputation for its personalized service, hospitality, and unparalleled expertise.
Customers are loyal to this salon, because they know they’ll feel good about their experience, and about the way they look. Reviews on Google, Facebook, and Yelp testify to the extraordinary care customers receive. This is a rare investment opportunity for a Buyer who is looking to take a successful business to the next level. The new Owner will have the benefit of stepping into a newly renovated business with a loyal clientele and a committed team of a manager and stylists — without the costs, headaches, risks, or downtime of a major remodel. For additional information please contact listing agent.
This is a leased location of 2,040 square feet with a Total Rent of $6,875. Lease ends 5/2025 with two 5 year lease options. Seller is active in the business with 4 FT employees. Hours of operation for location 1 are Tu 10-9, W 10-7, Th-F 10-8, Sat 9-5 and hours of operation for location 2 are Tue-Fri 10-7, Sat 9-5 . $150,000 in Inventory and $7,729 in FF&E included in Asking Price. $164,766 made in Leasehold Improvements. Assets include computers, and shampoo bowls. Several Licenses Required by State depending on the services offered.
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.