Aveda Concept Salon in Resort Community
Seller Financing Available
Asking Price:   $97,000Inventory:   $7,800 **
Gross Revenue:   $133,300Real Estate:   n/a
Cash Flow:   $51,100FF&E:   $14,300 ++
++ included in the asking price         ** not included in the asking price
Taylor David Salon offers complete hair care services based upon the top of the line of Aveda products.15 year old business located in prestigous Pinehurst, North Carolina in the heart of the Historic District, just down the road from the famed Pinehurst Resort the nation's oldest golf vacation destination. Taylor David Salon is an "Aveda Concept Salon" and this brand has been a consistent generator of customers many of whom are referred via the Aveda website. Taylor David Salon has a loyal following of clients contributing to year over year increases in the top & bottom line. The greater Pinehurst Area commonly known as the "The Sandhills" has become a destination spot for tourists and golf enthusiasts and is poised for significant growth in the coming years as a result of several new resort communities being constructed by two large developers in addition to a large influx of higher-end people being brought to the Pinehurst area as a result of an Army, Major Command, Base Re-alignment. Aveda Concept Salon's are recognized around the globe for being at the forefront of fashion and employing highly respected stylists who are expertly trained in all aspects of hair care.
About the Business
Year Established:1995
Employees:1 full time -
Relocatable:Yes
Facilities:500sqft of retail space located in the Historic District, Village of Pinehurst. Down the street from the famed Pinehurst Resort - Carolina Hotel. Taylor David Salon has been at the same location for 15 years.
Market Outlook and Competition:Taylor David Salon is the only Aveda Concept Salon in Pinehurst, NC with only one other Concept Salon in the area....neighboring town, Southern Pines. The Greater Pinehurst Area has been experiencing strong growth over the last decade, a trend that is planned to continue for the foreseeable future. Oceanico, an International Developer is in the first phase of expanding the Little River Golf Resort, a Master Plan Community that involves over 1,000 homes. Secondly, Stonehill Capital Group is developing neighboring Foxfire Village into a master-planned resort community and could have as many as 1,000 homes once completed, equipped with two Jack Nicklaus designed signature golf courses and a Ritz-Carlton hotel. Last but not least, the Sandhills area is soon to be a benefactor of a major Army Base Realignment at neighboring Fort Bragg responsible for bringing 40,000+ people to the area through February 2011. The upper echelon is anticipated to reside in the Greater Pinehurst Area based upon the desirable school districts, area amenities, and lifestyle offered. While the business fundamentals of Taylor David Salon are excellent, there is a clear path for growth. Business could be expanded without any infrastructure change by adding 2 additional full time stylists. Expansion into Aveda 'skin care' & 'spa' services would be a natural fit for this business and would permit owner to upsell these services to existing customer base. Aveda offers lots of incentives to Salon owners to expand into either one or both of these areas.
About the Sale
Management Training and Support:This business is an "Aveda Concept Salon". Comprehensive education, training, and support is offered for owners & stylists by Aveda & Vidal Sassoon. In addition, the current owner is offering complete transition assistance to the new owner. This business has a well established customer base and retention of these clients will be a mutual goal for both the outgoing and incoming owner. Current owner is willing to stay on with the business as a Stylist for up to six months to ensure that customers are retained and the new owner is properly acclimated to the operations and clientele.
Reason For Selling:Retirement
Seller Financing:20% Seller Financing
Attached Files - Attachment Disclaimer
hairdresser.jpg572 KView  |  Download
hairwashing.jpg519 KView  |  Download
hairstyling.jpg575 KView  |  Download
hairblowing.jpg447 KView  |  Download

KEYWORDS: Aveda Concept Salon, Beauty Salon, Hair Salon, Aveda, Pinehurst, Retirement, Golf, Resort, Services, Spa, Hair, Beauty, Skin Care


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Michael Fekkes
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