Prime Location, Strong Financial Performance, Award-Winning Service
Asking Price: | $990,000 |
Gross Revenue: | $874,054 |
EBITDA: | $259,694 |
Cash Flow: | $330,824 |
Rent: | $5,877/Month |
Established Year: | 2019 |
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.
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