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Hip & Exciting Hair Salon
Location: United States -> Oklahoma
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

A hip, up-to-date hair salon in a great location.

This fantastic hair salon has been around for several years, but was rebranded in 2014.

Competitive Overview
The excitement of this business shows through in its every day operations, as well as the business model.
The up-to-date facility, along with the trendy feel allows for an enjoyable and laid-back approach to everything beauty related. The professional team of experts provide unmatched personal service, with the highest quality outcomes around. Regular events occur, designed to bring diversity to their customer base.
The business model is also somewhat unique in today's world of hair salons. All personnel are paid through payroll and all collections are maintained by the owner. Stylists are commission based and are paid a percentage of their production. This creates a great business model for the ownership, covering most overhead for the salon and leaving additional profitability to come from the owner's individual production.

Potential Growth
All marketing elements have been properly coordinated and updated. Web presence and social media outlets are current and contain very positive reviews. There is room to add two additional stylists, as well as two new pedicure thrones. There is an existing nail technician on site as well.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $246,576
Cash Flow:   $47,595
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $45,000
Seller Financing:  No

About The Business

Year Established:  2017
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  other ventures




Print Listing Id: 700284113
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > Oklahoma Businesses For Sale > Oklahoma Franchises For Sale > Oklahoma Business Brokers



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