**Price Reduced** Profitable, Well-Established Upscale Salon
Asking Price: | $450,000 |
Gross Revenue: | $1,288,390 |
FF&E: | $190,000 |
Cash Flow: | $133,889 |
Inventory: | $35,000 |
This salon serves clients looking for a new hairstyle, flawless color, highlights, re-texturing, or any other hair service. After over thirty years in business, the salon has established an excellent reputation and became an integral part of the local neighborhood.
Over the years, the salon’s commitment to providing a high-quality experience that helps every client look and feel great has allowed it to establish a long list of loyal clients. The owner’s passion for education and training has helped the salon build a fantastic team of hairstylists, all committed to continuing to grow and improve as stylists. The seller is willing to stay on to help recruit new staff from beauty schools and continue his weekly training program. He is also willing to stay on as a stylist.
After decades in the industry, the owners opened their first hair salon in the 1990s to address the gap they saw in how stylists were taught to grow their careers. Their commitment to bringing hair care innovation, top of the line products, and new trends in styling to the salon, coupled with their compulsive desire for personalized and consistent customer service helped build their brand into the well-known salon it is today.