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Asking Price$95,000
Revenue$207,398 Established2013
Cash Flow$150,116 Employees6 full-time
FF&E$48,000* FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Incredible opportunity to purchase a new, modern Hair and Nail Salon in a prime location. The business is located right on Rt. 1 in Alexandria, so there is extremely high visibility attracting new customers daily. The rent for the space at less than $4k/mo is unbelievable considering the location, which is a huge selling point in itself. The business has been operating since 2013 and experienced year over year growth. There are a great team of stylists, nail techs and massage therapists for a new owner to step in and immediately start making money! The salon has 6 hair stations, 5 pedicure chairs, 6 nail stations and two 2 private massage rooms which can be converted to offer additional services. This is perfect for someone with their own clientele, a successful salon owner ready to add another profitable location, or someone with little experience just looking for a good business investment. This is an easy turnkey operation with immediate potential for sustainable cash flow for many years to come. If you are interested, you should act quickly as it is priced to sell since the owner recently had a baby and looking to spend time with their family.
Facilities:The 1350 sq ft space is leased for approx. $3,967/mo. which is located in a small retail strip shopping center right off of Rt. 1 in Alexandria so there is high visibility with tens of thousands of cars passing by daily. The salon is across the street from two large Retail Centers with major local and national tenants so there is a lot of traffic. The salon has 6 hair stations, 5 pedicure chairs, 6 nail stations and two 2 private massage rooms which can be converted to offer additional services.
Competition:Standard completion in the area for the industry.
Growth Potential:Owner does very little advertising, a new owner implementing an aggressive local marketing campaign and online marketing could result in quick and easy growth. Hiring more service providers and offering additional Salon & Spa services will help attract new customers and generate higher revenues and profits as well.
Training/Support:Seller will provide necessary training and support.
Seller Financing:Available depending on the final purchase price, terms, and qualifications of the buyer.
Sale Reason:Family.
Ad #87941
Seller Reference #HZ270AH
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