Turnkey Franchised Salon Opportunity Located in Prime Shopping Plaza

Collier County, FL

Seller Financing Available

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Asking Price:$149,995
Inventory:$5,000
FF&E:$74,107
Cash Flow:$45,668
Rent:$3,914.17
Established Year:2018
BUSINESS DESCRIPTION

Great growth potential backed by a national brand

Established in 2018, this beauty salon operates as part of a nationally recognized franchise, providing a comprehensive range of family-oriented services in Collier County. With a top-100 salon ranking across the nation, the salon is powered by a skilled team that provides a range of services, from vibrant color treatments and stylish haircuts to facial waxing. Located in a 1100-square-foot commercial space within a popular shopping center, the salon enjoys exceptional visibility, drawing in a daily traffic of 45,000 vehicles. They capitalize on their strong brand recognition and use effective marketing in the prime plaza area, catering to a local population of 150,000 people within a 5-mile radius. As the current owners transition, an exciting opportunity emerges for an individual to leverage an established name and branding within the thriving salon industry. In 2022, the salon reported annual revenues of $369,864, with Seller Discretionary Earnings of $45,668. The existing Furniture, Fixtures, and Equipment (FFE) are detailed in the report, estimated at $74,107. Great opportunity within a successful venture at the forefront of the growing market.


DETAILED INFORMATION
Location
Collier County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,100
Lease Expiration
01/01/2028
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1,110 square foot long-term leased commercial facility with ample room for all stylists located in a high-traffic plaza.
Competition
Their family-friendly focus gives it a competitive edge, appealing to a broader market compared to boutique and luxury salons. In a diverse competitive landscape, the salon stands out by actively engaging with the local community through partnerships with local publications, churches, and schools. This approach boosts brand visibility and strengthens the salon's connection with its clientele.
Growth & Expansion
Colliers County has an affluent demographic, consistent tourist influx, and potential for catering to a growing population that values beauty and wellness. To enhance growth the salon can diversify its services, such as adding unique offerings like hair extensions and staying abreast industry trends. Additional marketing strategies could be implemented including seasonal offers and events.
Financing
For the right buyer and offer, the seller is willing to hold a small note.
Support & Training
Current owner will provide 30 days for transition and training included in sale price.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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Juliette
Bell
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Juliette Bell