Well Established Hair Salon in Lexington

Lexington, SC
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Asking Price:$99,000
Gross Revenue:$124,126
Rent:$2,050/Month
Cash Flow:$50,500
Inventory:$900
FF&E:$34,175
BUSINESS DESCRIPTION

This well-established salon is an ideal opportunity for a licensed cosmetologist or someone experienced in the beauty industry to take over a thriving operation and expand their business. With over 20 years of operation, the business maintains a dedicated clientele and thrives on delivering personalized care and customer satisfaction. Ideally located, the salon has everything a new owner would need to operate, expand services, and add stylists.

There is currently one stylist (owner) and 4 Open Chairs, ready for rental or additional staff. 

Highlights:
- Over 20 years of established success
- The salon's reputation is supported by an established, repeating clientele and excellent Google Reviews
- Prime location in a highly traveled area in a growing community
- The seller will help transition clients to a new owner
- Growth and expansion opportunities: advertise, expand services, and bring in additional stylists

* As of August 2024, the business has already made $62,700 of seller's discretionary earnings.
**FFE total is the cost for which the equipment was purchased.

This is a turnkey opportunity for a new owner to step into a well-respected, thriving business with a strong foundation and plenty of potential for continued growth.

To complete our NDA and download the Confidential Information Memorandum (CIM), which contains more information about this business, please fill out the Contact Form. You can also contact Katherine Harris at kharris@sunbeltnetwork.com or 803-779-2919. An NDA and buyer profile will be requested.


DETAILED INFORMATION
Location
Lexington, SC
Inventory
Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
The Seller will provide reasonable training and support to facilitate the transition to a new owner.
Reason for Selling
Retirement
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David
Yezbak
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David Yezbak