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Hair Salon???terrific Location???modern Sheik D??cor
Location: United States -> California
Industry: Hair and Beauty > Beauty Salons and Barber Shops

Business Summary

Hair Salon - Terrific Location - Modern Chic D-cor
Hair Salon - Terrific Retail Location - Modern Chic D-cor - Reasonable Rent - Asset Sale
Salon is in a terrific location to capitalize on the residential growth in town as well as the return of tourism. It boasts a modern and sheik d-cor that is very clean, comfortable and open with plenty of space between stations.
The salon industry has historically been stable and recession proof. All salon owners struggled in 2020/2021 due to the government mandated shutdowns and related limited availability of labor to fill vacancies. In 2022 Salons are back!
This salon needs an owner operator who is interested in re-building the business and staffing the salon to fill capacity - ideally 7 days per week 9am - 7pm to maximize revenue and earnings potential. Currently it serves clients seeking hair maintenance and pampering: wash, cut, color, blowout, style and/or extension requests. There are two part time booth renters (1099) in addition to the owner and they are operating by appointment only between 10:30am and 6:30pm. There is a scheduling/client notification and POS system in place.
1 large room for reception and 7 stylist stations. Back area has 2 shampoo bowls, restroom, and color bar. There is also an alcove for kitchenette and laundry.
There is plenty of opportunity to cross-sell and diversify by adding an esthetician and other related service providers. Hosting theme events like wedding prep, mother/daughter outings or birthday parties could help fill available capacity. In addition, there may be an opportunity to add minimally invasive medical spa treatments with the right staff. Marketing should be focused on driving referrals to booth renters or employees depending upon the employment model elected. The buyer should also get the word out to local hotels and vacation rental property management to capture the tourist population interested in salon experiences.
The seller is distracted with other responsibilities


Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $122,500
Seller Financing:  Yes

About The Business

Year Established:  2013
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

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


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Hair Salon???terrific Location???modern Sheik D??cor Photo 1

Print Listing Id: 700366615
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