Hair Salon for Sale in Premier Retail Plaza

Lakewood, CO
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Asking Price:$30,000
Established Year:2007
Rent:$2,600/Month
BUSINESS DESCRIPTION

Seize the opportunity to own a successful hair salon in a prime retail plaza at the busy intersection of W Jewell and S Wadsworth. Anchored by a high-traffic King Soopers and surrounded by vibrant mixed-use developments and luxurious high-end homes, this salon enjoys exceptional visibility and foot traffic. Established in 2009, the salon boasts a long-standing reputation for excellence and many repeat customers.

Hair salons are a wise investment due to the steady demand for essential hair care services, ensuring a broad and consistent customer base. They offer high-profit margins on services and product sales, and provide a creative outlet for passionate owners. With the potential for building loyal customer relationships and benefiting from word-of-mouth referrals, the business is scalable, recession-resistant, and adaptable to economic changes. Despite challenges like high initial investment and competition, a well-managed salon with skilled staff and excellent service can be a rewarding and profitable venture.

The 1,010 sq ft salon is fully equipped with 8 stations, 2 hair wash stations, and a wash, dry, and break room. Positioned next to King Soopers, US Bank, O'Reilly's, Wells Fargo, a nail salon, and a barbershop, it is surrounded by shopping, dining, and housing amenities. Within a 3-mile radius, there are over 54,000 households, a population of 138,164, and an average income of $105,019, with a $2 billion retail spend in a 10-minute radius.

Priced at $30,000, this salon offers great value. Buyers must be licensed to purchase. This is an amazing deal with plenty of room for growth in a thriving market and area.

Please do not disturb the business owner or customers. Direct all inquiries to the broker. Thank you.


DETAILED INFORMATION
Location
Lakewood, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,010
Lease Expiration
30/04/2025
Facilities
The business comes with everything you need to hit the ground running. It includes 8 stations, 2 hair wash stations, a break room, and a laundry room. There is ample waiting space and a front retail-facing area with high foot traffic. The salon is fully equipped with chairs, mirrors, and inventory on hand.
Competition
The salon is positioned in a retail hub with healthy competition from nearby salons. This places you in the heart of the action, where customers are already traveling for their hair appointments. Take advantage of the established traffic flow in an area already popular for salons and hair services.
Growth & Expansion
There are numerous opportunities for growth and expansion! Implement print and digital advertising, create social media accounts and a website, and build reviews and attract clients from the plaza. Introduce rewards or loyalty programs, and establish a customer relationship management system to assist with bookings, follow-ups, and promotions.
Support & Training
The seller is willing to arrange a training agreement to ensure a smooth and easy transition.
Reason for Selling
Retirement.

BUSINESS LOCATION
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Tony
Nguyen
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Tony Nguyen