Prime Opportunity: Booth Rental, Modern Hair Salon in Mobile Co.

Mobile County, AL

Seller Financing Available

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Asking Price:$85,000
Gross Revenue:$171,631
FF&E:$19,000
Cash Flow:$91,161
Inventory:$1,200
BUSINESS DESCRIPTION

• Established Excellence: Founded in 2020, this boutique hair salon has quickly established itself as a leader in the industry.
• Flexible Business Model: Originally commission-based, the salon transitioned to a booth rental model after the first year, offering independent stylists the freedom to manage
their own businesses.
• Award-Winning Reputation: Honored with the "Best New Salon" award in 2021, recognizing its commitment to exceptional service and client satisfaction.
• Comprehensive Services: Specializing in cutting-edge hair treatments including basic gray coverage, blonding, smoothing services, and extensions.
• Convenient Service: Welcoming both walk-ins and appointments, ensuring accessibility for all clients.
• Prime Location: Strategically situated in downtown Mobile, benefiting from high visibility and consistent foot traffic.
• Revenue Diversity: Robust income streams with product sales contributing less than 10%, commission stylists generating 55%, and competitive booth rental rates ranging from
$175 to $250 per week.
• Growth Potential: Positioned to capitalize on the trend of independent professionals seeking creative and flexible work environments in the evolving beauty industry.
• Community and Collaboration: Providing a supportive atmosphere where stylists can thrive independently while fostering a collaborative community spirit.


DETAILED INFORMATION
Location
Mobile County, AL
Inventory
Included in asking price
Real Estate
Leased
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Interest:6% Term Months:24 Monthly Payment:$1,985.56
Support & Training
# of Weeks Seller Will Offer Training: 2
Reason for Selling
Prioritizing Family
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Leslie
McCleskey
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Leslie McCleskey