Upscale Columbus Salon: High Profit with Semi-Absentee Ownership

Franklin County, OH
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Asking Price:$117,000
Gross Revenue:$253,285
Rent:$3,400/Month
Cash Flow:$78,000
Inventory:$3,000
Established Year:2014
BUSINESS DESCRIPTION

An upscale beauty salon located in one of Columbus’s most prestigious areas. Prime visibility with ample parking for clients. The salon boasts a dedicated and cult-like clientele who swear by its impeccable services. Booth rental model, providing potential owners with a semi-absentee ownership opportunity and attractive operational margins. This model provides ease of operations, enhances profitability, and offers an attractive IRR based on the asking price. A gem of Columbus, this salon is a perfect investment for those seeking both prestige and profitability. Salon offers hair services, nails, and a private room for esthetician. Current owners will stay as booth renters to show faith in new ownership. Don’t miss this golden opportunity.


DETAILED INFORMATION
Location
Franklin County, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,900
Lease Expiration
23/03/2027
Employees
4
Facilities
Facilities: Store-front location within a well-established strip mall FF&E General Condition: Good
Support & Training
4 weeks
Reason for Selling
Looking to Lessen Responsibility
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Dave
Butcher
Transworld Business Advisors of Southern Ohio
Dave Butcher