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20+ years established North Atlanta AVEDA Hair Salon for sale

Georgia
listing image
Asking Price:$185,000
Inventory:$6,500
FF&E:$18,000
Gross Revenue:$314,000
Rent:$3,245/Month
Established Year:2002
Listing ID: 2311703Listing provided by BizBuySell
BUSINESS DESCRIPTION

100% absentee operation!

Well established and very highly rated AVEDA hair salon located in north Atlanta available to purchase due to investor-owner retirement. 100% absentee owner generates $55K+ in earnings every year. Owner-manager could increase this to $80K+ by taking over Manager + Assistant roles. A stylist-operator could further increase earnings from their own work. Long-term stylists with well established client books ensure an easy operation with profits from Day 1. All staff are 1099s and will remain.

Salon has 12 chairs, with only 5 staffed right now (1 stylist is part-time), giving a lot of potential to add stylists and grow the business further. All FF&E and inventory (retail, back-bar and all supplies) included in asking price. Long-term lease with option to extend in place (rent includes CAM).

DETAILED INFORMATION
Location
Georgia
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/05/2027
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
12 styling stations, 3 shampoo stations, 3 drying stations. Two water heaters to ensure uninterrupted supply if one breaks down. New washer. Customizable digital signage in front. Staff break-room with table and chairs, 2 refrigerators.
Competition
AVEDA license will transfer, giving new owner continued exclusivity to the territory. This area is one of the fastest growing and higher-income demogrpahic areas in Georgia. Current stylists consistently get 5-star reviews, and have entire families as clients. Referral business is very strong.
Growth & Expansion
A stylist-operator can immediately increase earnings by taking over managerial and assistant roles, and also add more stylists to increase revenue. Add AVEDA+ rewards to attract and retain clients. Increase advertising and marketing to attract new clients. Remodel and update salon, and increase prices.
Support & Training
Owner will provide 4 weeks support and training
Reason for Selling
Retirement and relocation
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