Successful and Profitable Santa Fe High-End Hair Salon for Sale

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Santa Fe's Premier Hair Salon - Absentee Owner
Asking Price:
$325,000

Gross Revenue:
$746,098
Cash Flow:
$153,869
EBITDA:
$108,146
Inventory:
$15,000
included in asking price

FF&E:
$22,439
included in asking price

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Business Description

This upscale salon has solidified its status as a Santa Fe destination for great hair and style. Word of mouth drives sales, the salon attracts and retains top talent, and name-recognition keeps the chairs filled. Frequently booked well into the future, this salon has double in size over the last few years. Enjoying a prestige location, over $100,000 in architectural embellishments have rendered a space of singular charm. If an experienced stylist takes over, expect to substantially increase what you take home. An entrepreneurially minded buyer will find several ways to build upon this solid foundation

About the Business

Year Established:
2012
Number of Employees:
6 FT, 1 PT
Real Estate:
Leased
Facilities:
Convenient, high-profile space with numerous amenities. New owners will inherit a favorable lease.
Market Outlook/
Competition:
Santa Fe is a strong enough market to support this and other high-end hair salons with plenty of room for all to flourish.
Growth & Expansion:
New owners can grow this business by bringing on additional part or full-time talent to expand the hours of operation. Other growth opportunities can be discussed upon the return of an NDA.
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About the Sale

Reason For Selling:
Sellers will pursue other interests.
Training/Support:
Seller is available to provide remote support. A strong stylist and administrative staff will provide support during the transition and beyond.

Listing Info

ID:
1469568
Ad Detail Views:
1293

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Business Listed by

Michael Greene

Sam Goldenberg & Associates

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U.S. Census Data for Santa Fe County, NM
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Santa Fe County, NM
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Source: American Community Survey (2010-2014), United States Census Bureau.

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