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Hair Salon in St. Louis

Hair Salon in St. Louis

This Listing is Closed

Hair Salon in St. Louis

Business Type: Beauty/Personal Care / Hair Salon


    • Listing# : 15276
    • Listed Price : $160,000
    • Total Sales : $591,833
    • SIC : 7231
    • Down Payment : $160,000
    • Status : Closed
    • Discretionary Earnings : $73,073

Business Type

Beauty/Personal Care / Hair Salon

Business Description

The salon has been providing, hair styling, make up application, hair and lash extensions, skin care and other related services since 2012. Among the haircare services are drying and straightening (blow outs), color, cut, style, waves and braids. Skin care services include 15 minute make up application, touch up and products. The salon also provides hair and lash extensions. The salon caters to both individuals and groups, including bridal parties.What makes the salon special is its location and its client base. Over 10,000 services per year are provided at the salon in the heart of St. Louis's most affluent demographic. Additional services and stylists could be added to enhance the profitability and maximize the opportunity that the salon provides. No expense was spared in the appointments and tenant finish. Walk in to an existing business with an established clientele for less than the cost of the build out of the space. Add services and products to maximize profitability. This is a perfect opportunity for an existing salon to expand, or for a stylist to establish a new business of their own. 
Almost $700,000 was invested in the salon in the seven years since it was founded. Located in an upscale strip center with similar retail businesses. The lease is month to month.Note: The salon has not been profitable since inception.2019 Pro Forma results do not reflect actual operations. The pro forma was based on actual sales projections and utilized certain industry benchmarks and should be considered for illustration purposes only. 


Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $32,110
    • Incl: Yes
    • Liabilities: $0
    • Incl:
    • FF&E: $0
    • Incl:
    • Other: $0
    • Incl:
    • Leasehold: $128,630
    • Incl: Yes
    • Total Assets: $160,740
    • Incl: Yes

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Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $32,110
    • Incl: Yes
    • Liabilities: $0
    • Incl:
    • FF&E: $0
    • Incl:
    • Other: $0
    • Incl:
    • Leasehold: $128,630
    • Incl: Yes
    • Total Assets: $160,740
    • Incl: Yes

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