Well Established Profitable Upscale Hair Salon
Well Established Profitable Upscale Hair Salon
Price: $99,000
Location: Austin Metro Area
Industry: Personal Care Services
Listing ID: 100572
Motivated Seller! Priced reduced by $46,000.
Motivated seller due to personal life circumstances. Priced reduced from $145,000 to $99,000 for a quick sale. Price includes $20,000 of inventory, making the price of the business only $79,000.
Well-established upscale salon located in the fast-growing Austin Metro area is available for sale. The salon was one of the first salons in the area and has developed an excellent reputation in the community for offering high-quality products and services. Client notes and formulas are maintained in the salon software, allowing clients to see any stylists with consistent results.
This is an excellent opportunity for a stylist who wants to own their own salon and pick up an instant client base or for an investor who wants to own a profitable salon in the hot Austin market.
Seller financing is available, on a case-by-case basis. $185,000 price for seller-carry with 50% down.
Total Sales: $324,797
Cash Flow: $125,977
Inventory: $20,000
Inventory Included: Yes
Reason For Sale:
Retire from salon ownership.
Training & Support:
The current owner is offering training and support during the transition period. Included in the purchase price is training for one-month on-site training and one-month consultation, as needed.
Year Established: 2009
Employees: 2
Monthly Rent: $2,777
Square Footage: 1000
Competition:
There are several competitors in the area. This salon was one of the original salons in the area.
Potential Growth:
There are several opportunities to grow the business including adding stylists, adding additional services, and increasing prices.
For more information on this listing, please complete our Non-Disclosure Agreement
