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New LOWER Price! Profitable Blow Dry Bar

Colorado Springs, CO
Salon stations & front desk with bar behind

Seller Financing Available

Salon stations & front desk with bar behind
Asking Price:$230,000
Gross Revenue:$589,776
Rent:$3,800/Month
FF&E:$156,657
Cash Flow:$173,517
Inventory:$5,423
EBITDA:$161,280
Established Year:2018
Listing ID: 2187734Listing provided by BizBuySell
BUSINESS DESCRIPTION

Premium location includes rapidly growing mobile wedding services

This is it. The perfect combination of profitability, beauty, and a diverse service offering. Located on a main street with excellent visibility in the heart of a revitalizing neighborhood with developments under construction all around, Blush Dry Bar Salon is near to some of the best neighborhoods in Colorado Springs.

Brandi Martinez has designed a beautiful salon in an excellent location and spent years investing in the profitable bridal services sub-segment of the Hair and Beauty Industry. Now known statewide for top-notch bridal services, Blush is more than just a salon: they are leaders in the beauty industry. The growth potential for a mobile services business depending only on contracted labor is nearly limitless while the beautiful salon location provides a down-to-earth anchor point for customers to visit.

Building an extremely profitable operation that doesn't require the owner's day-to-day involvement can be a challenge, but Brandi has done it. Taking home nearly 30% of the Gross Revenue in 2023 almost convinced her to just keep the company for herself. However, other opportunities for her talents beckon and she has decided it is time to pass the baton to the next owner, for the right price.

DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
With just 1,200 square feet of retail space, Blush has designed one of the most efficient spaces you’ll find anywhere: a beautiful bar (complete with Beer & Wine liquor license), five styling stations, 3 shampoo bowls, several makeup areas, a private room with bathroom and bed, and a break room for the staff. Hidden underneath is another 1,200 square feet of storage in the basement! The front of the salon faces the busy Tejon St while the back of the salon has been prepared for a private patio to be built in the near future.
Competition
Located on South Tejon Street in Colorado Springs, Blush is at a uniquely positioned location for hair styling and bridal services. Both the Broadmoor Hotel and Cheyenne Mountain Resort are well-known wedding venues, famous all over the state and even the world. Just a few blocks to the north, downtown Colorado Springs is growing rapidly with multiple developments completed in just the last few years and many more under construction. Colorado remains one of the hottest destinations in the country and Blush is known as bridal experts.
Growth & Expansion
In addition to the growth opportunities inherent in the revitalization and construction happening all over this neighborhood, Blush is investing heavily in mobile bridal services and this remains the fastest growing and most profitable segment of the business.
Financing
Willing to offer partial seller financing
Support & Training
Brandi & her team are committed to a successful transition and will facilitate all aspects of the change in ownership. In addition, training in salon management is available for a reasonable amount of time for a standard hourly fee.
Reason for Selling
Brandi is moving on to opportunities in real estate and other industries.
BUSINESS LOCATION
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Etienne Hardre
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Etienne Hardre
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