Listing Number: 60270-181664
Description
Fantastic opportunity to own and grow, an already highly profitable, luxury niche salon. The business has a reputation for superior customer service and high client satisfaction. The salon is located in a Class A real estate surrounded by affluent neighborhoods attracting high-end, repeat clientele. The salon has excellent visibility both walking and driving.
The salon is part of a franchise system, giving it greater advantages over its competitors. Some benefits include: superior product quality, highly trained technicians, beautiful salon design boasting private rooms, and digital marketing support. The salon offers a membership model, leading to predictable revenue month-over-month. The business already has a high number of members with room to grow.
The seller has established a strong foundation with a dedicated team ensuring a turnkey and profitable operation. The new owner can enjoy profit from day one with ample opportunity for expansion and growth. Salon has a full staff of 9 employees with experienced front desk staff and technicians running a profitable business with minor oversight from the current owner. The new owner can choose to be fully involved or in a semi-absentee role. The transition to the new owner will be seamless with the current owner offering 2 weeks of training.
Listing Details
- Price: $ 499,000
- Down Payment: $499,000
- Sellers Discretionary Earnings: $ 111,000
- Total Sales: $ 378,000
- Location: Kenton County, Kentucky
- Inventory: $ 5,000
- FF&E: $ 150,000
- Employees: 9
- Year Established: 2023
- Reason for Selling: Owner has other businesses and interests
- Category: Miscellaneous/Other
