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Businesses for Sale: Listing Details

 
HAIR SALON FULL-SERVICE FRANCHISE
Seller: Attn: Bob Watson, CBI
Location: Raleigh, NC, USA
Listing Number: "SALON4"


Asking Price: $175,000 USD USA Dollars
Industry: Services: Hair, Nails, Spas, Tanning
Reason for Selling: Owners involved in other businesses
Year Established: 1980
Number of Employees: 7
Yearly Revenue: $250,000
Yearly Gross Income: $225,000

Overview:
Full-Service Hair Care salon is a franchise operation of the national leader in this service business. Established location is in a growing residential and retail area of North Raleigh, NC. This is a full-service family hair care salon - walk-in and appointment. Leading national franchise affiliation and excellent retail location offer an exceptional opportunity for the future owner. Current owner has added central vacuum similar to high end salons as well as natural color lighting which ensures accurate results in color matching/color services. Client has added new products such as extensions in the past two months.

Property Features and Assets:
This franchise has been operating since 1980. Current owners have operated since 2005. Detailed historical performance data is available. Salon (and retail center) recently completed a full renovation and redecoration. Owner has driven sales and revenue to more high end clients while maintaining strong customer base.

Market Competition and Expansion:
The are other service providers in the area, but this salon is in a renovated prime location with first-class equipment, furniture, and fixture improvements. Seller has added several new, profitable add-ons for higher end clientele the salon now attracts. Product promotions and mass-marketing campaigns are on-going in coordination with regional management. The growing surrounding residential area and a new major thoroughfare assure increasing traffic.

Additional Details:

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