Renovated Turnkey Full Service Salon in Great Location
Business Description
This renovated salon has been established for 25 years. In the last couple years changed ownership and more then doubled in revenue and clients. There is no shortage on parking spaces in this busy shopping center. The business is turnkey and a new owner can come in without any decrease in clients.
About the Business
- Years in Operation
- 27
- Number of Employees
- 0
- Franchise
- This business is an established franchise
- Facilities & Assets
- The salon has been established for 25 years. Newly renovated and ownership July 2023. The Lease has a 5 to 10 year extension option. There is so much parking that no customers will have an issue. This business under the old owner was owner operated focused, it is now a turnkey salon that anyone could run with or without being present. We have more than doubled revenue and increased booth renters from 1 to 10. There is so much potential to grow business as we have accomplished with little to no marketing.
- Market Outlook / Competition
- We are the only full service salon in the very busy shopping center with no one within close walking distance.
- Opportunities for Growth
- The current stylists would all like to grow in business from some part-time to full time. Continuing to increase clientele would make this business easy to increase in revenue over a small amount of time.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- $5,200.00 per month
- Lease Expiration
- 10/31/2026
About the Sale
- Seller Motivation
- Personal life changes for one of the two owners.
- Transition Support
- As the current owner I can offer a month of training and detail for a smooth transaction. One of the other owners would like to rent a station to help with retention of customers and increase revenue for the new owner.
- Financing Options
- Rent amount is with CAMS and Property Tax
Listing Info
- ID
- 2369275
- Listing Views
- 775
Listing ID: 2369275 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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