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Hair Salon in Southeastern North Carolina

Provided by Broker from Pexels
  • Listing# : 19077
  • Listed Price : $440,000
  • Total Sales : $698,232
  • SIC : 7231
  • Down Payment : $44,000
  • Status : Active
  • Discretionary Earnings : $170,628

Business Type :

Beauty/Personal Care / Hair Salon

Business Description :

This well-established salon boasts a dedicated team that serves clients in a high-traffic, upscale retail center. Operating in a modern 1,400 sq. ft. facility with multiple stations, the business is recognized for its consistent demand and reputation as one of the busiest in its area. They have a full staff of highly skilled full and part-time stylists. Many have years of experience, including as educators, managers, and owners. Allowing for both stability and continuity for a new owner. The business offers top professional product lines, uses innovative techniques, and is supported by strong vendor relationships. It benefits from a steady customer flow driven largely by its location, high quality of service, and word-of-mouth referrals. Their clients leave feeling pampered and confident.
The company’s clientele includes a loyal and recurring base, many from nearby residential communities with strong disposable income. This area has growing demand for beauty services. Opportunities exist for further growth by increasing retail product sales, and expanding stylist availability. Operations are streamlined, with the owner primarily overseeing payroll, ordering, and general oversight, requiring limited weekly involvement. This makes the business attractive to both hands-on operators and semi-absentee investors looking for a turnkey service business in a desirable market.
The SDE shown includes a monthly rent charge of $2,865, and is for a full-time owner-operator.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $3,500
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $15,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $18,500
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Beauty/Personal Care