Prime Location, Strong Financial Performance, Award-Winning Service

Charleston County, SC
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Asking Price:$990,000
Gross Revenue:$874,054
EBITDA:$259,694
Cash Flow:$330,824
Rent:$5,877/Month
Established Year:2019
BUSINESS DESCRIPTION

This opportunity is a thriving, full-service salon with a loyal customer base and efficient systems in place. The salon offers a prime opportunity for both experienced salon owners and new investors in the industry. With 38% cash flow to revenue and a 5-year history of steady growth, this business is well-positioned for continued success.

Key Highlights
• Financial Strength: $330,824 cash flow in 2023, with a solid revenue trend and strong profit margins.
• Prime Location: Located in a high-traffic, affluent area near Charleston, SC, with ample parking and easy accessibility for clients.
• Established Brand & Reputation: A staple in the community, known for exceptional service quality and a welcoming, client-centered atmosphere.
• Diverse Service Offering: The salon offers a full range of services, including cuts, coloring, extensions, hair treatments, barbering, braiding, and a line of branded retail products.
• Experienced Team: Highly trained stylists provide consistent, high-quality results and are matched to clients based on their specific needs, promoting customer satisfaction and retention.
• Simple, Efficient Operations: Proven systems streamline daily operations, allowing for smooth management and potential for semi-absentee ownership.
• SBA Pre-Approved: Financing options are available for qualified buyers, making ownership accessible and affordable.

With consumer demand for hair care services projected to grow at 9.62% annually, this business is positioned for ongoing success in a rapidly expanding area. The salon’s robust marketing strategy ensures a consistent flow of new clients, while high customer retention supports steady revenue. Growth opportunities include extending service hours, expanding the product line, and potentially adding new locations.


DETAILED INFORMATION
Location
Charleston County, SC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,215
Lease Expiration
14/04/2025
Employees
9
Facilities
The business location is highly visible, in a busy high-traffic area. There is ample parking and easy access for customers. The interior facilities are both modern and welcoming. All fixtures and equipment convey.
Competition
There are a number of salons in the service area. What makes this business stand out is the high focus on the customer experience, high quality work, successful marketing, and tight operational systems/processes.
Growth & Expansion
There are opportunities for growth through both service and product line extensions. Other growth options include expanding service hours and additional locations.
Support & Training
Owner is willing to provide training.
Reason for Selling
New ventures.
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Michael
Moore
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Michael Moore