PRICE REDUCED -Hair Salon For Sale in Charleston

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Great cash flow
Asking Price:
$190,000

Gross Revenue:
$200,000
Cash Flow:
$158,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$6,000
included in asking price

FF&E:
$9,000
included in asking price

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Business Description

This beauty salon was established five years ago and centrally located location near retail, commercial and residential areas. The stylists are highly educated and professional. The atmosphere of the salon is attractive and appeals to the clientele. The salon has a solid book of business and a marketing database. The salon is well-known and is highly regarded with multiple 4-5-star ratings on Google and Yelp.

Business Highlights:
- Located in top growing region with an established base of clients
- Excellent Google & Yelp Ratings
- Recession Proof Business
- Expandable business by adding additional services
- Affordable rent in high traffic area near retail and neighborhoods
- Hard-working staff assists with management responsibilities

Financing: Available Third Party, Seller will consider seller financing on case by case basis.

Interested parties must contact Meridian Business Advisors LLC. Heather Valeri at 843-800-2148 or email at hvaleri@meridianballc.com for more information or to schedule a tour.

About the Business

Location:
Charleston, South Carolina
Year Established:
2011
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
897
Rent:
$1,450.00 Per Month
Facilities:
The attractive salon operates from leased premises. It is located in a high-traffic location surrounded by retail shopping, restaurants, and residential neighborhoods. The salon consists of:
- Main salon area
- 2 Private small rooms for individual services: waxing, skin care, nails, etc.
- Parking lot
Market Outlook/
Competition:
Located in top growing region in the state of South Carolina. Salon has solid book of business with repeat clients and the opportunity to market to attract new clients.
Growth & Expansion:
Opportunity for Growth
There is potential to increase income by adding additional stylists and/or services. There are two rooms that could be utilized for esthetician services, waxing and brows, nail services, etc. New owner could also advertise services for bridal parties.
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About the Sale

Reason For Selling:
Relocating
Training/Support:
Training Provided
The owner is moving out of state but is willing to train for two weeks after the close of escrow. Transition plan will be provided. There is well-trained PT staff that will stay on board.
Seller Financing:
TBD Case by Case - Must have excellent credit

Listing Info

ID:
1618573
Ad Detail Views:
0

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