Modern Beauty Salon On Main Street Of Town
Location:
United States
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Utah
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Salt Lake County
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Business Summary
Beautiful friendly Modern Salon for sale on the main street. It has Seven (7) Hair stations, One (1) Nail table, One (1) Full body massage chair, Two (2) shampoo sinks. Top of the line products. This is a very busy salon. State of the art and fully paid for Millennium software is included. This software allows the owner to track everything from commission splits to product commissions. Only open 45 hours a week. Easy to expand.
This is not a typical salon. This designed to appeal to the type of clientele that can discriminate and are willing to pay a bit more for customer service. The salon has a loyal following and is very busy. The chair rental rate is above average. The prices are low and can be raised for higher profit since many of the stylists are usually double booked. By expanding the business hour the profit can be increased I a large way. Currently the Salon is only open 9-5 Tuesday through Saturday. Each of the hair stations have full length mirrors and the salon features a back room for mixing colors as well as a large bathroom for customers and stylists to use. There is room for growth and very high future potential. Stylists are paid either on commission or booth rent.
The product line is impressive as well. With names like Pureology, Matrix, Redden, American Crew, and the full line of TIGI makeup the up-sell potential is huge and has served the owner well in the past. Other income streams come from the Chi flat irons, curling irons, and brushes offered to the patrons for purchase. The only reason this salon is even on the market is to allow the current owner to concentrate on starting a family. This is the opportunity you have been waiting for to own a salon that generate a good income, allows for pride of ownership, and stands out in the industry.
Financials
Asking Price Range: < $250K
Gross Revenues:
$134,000
Cash Flow:
$41,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $27,000
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Start family.
Click on the "I'm Interested" button above for more information on this Hair and Beauty > Beauty Salons and Barber Shops business for sale.
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Print Listing Id: 700101212
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