Fantastic Opportunity-Profitable, Luxury Niche Salon

Kenton County, KY
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Asking Price:$375,000
Gross Revenue:$378,000
Rent:$4,960/Month
Established Year:2023
Cash Flow:$111,000
Inventory:$5,000
FF&E:$150,000
BUSINESS DESCRIPTION

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Fantastic opportunity to own and grow, an already highly profitable, luxury niche salon. The business has a reputation for superior customer service and high client satisfaction. The salon is located in a Class A real estate surrounded by affluent neighborhoods attracting high-end, repeat clientele. The salon has excellent visibility both walking and driving.

The salon is part of a franchise system, giving it greater advantages over its competitors. Some benefits include: superior product quality, highly trained technicians, beautiful salon design boasting private rooms, and digital marketing support. The salon offers a membership model, leading to predictable revenue month-over-month. The business already has a high number of members with room to grow.

The seller has established a strong foundation with a dedicated team ensuring a turnkey and profitable operation. The new owner can enjoy profit from day one with ample opportunity for expansion and growth. Salon has a full staff of 9 employees with experienced front desk staff and technicians running a profitable business with minor oversight from the current owner. The new owner can choose to be fully involved or in a semi-absentee role. The transition to the new owner will be seamless with the current owner offering 2 weeks of training.


DETAILED INFORMATION
Location
Kenton County, KY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,860
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
# of Weeks Seller Will Offer Training: 2
Reason for Selling
Owner has other businesses and interests
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Michelle
Janson
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Michelle Janson