Fantastic Opportunity-Profitable, Luxury Niche Salon

Listing Number: 60270-181664

Description

Fantastic opportunity to own and grow, an already highly profitable, luxury niche salon. The business has a reputation for superior customer service and high client satisfaction. The salon is located in a Class A real estate surrounded by affluent neighborhoods attracting high-end, repeat clientele. The salon has excellent visibility both walking and driving.

The salon is part of a franchise system, giving it greater advantages over its competitors. Some benefits include: superior product quality, highly trained technicians, beautiful salon design boasting private rooms, and digital marketing support. The salon offers a membership model, leading to predictable revenue month-over-month. The business already has a high number of members with room to grow.

The seller has established a strong foundation with a dedicated team ensuring a turnkey and profitable operation. The new owner can enjoy profit from day one with ample opportunity for expansion and growth. Salon has a full staff of 9 employees with experienced front desk staff and technicians running a profitable business with minor oversight from the current owner. The new owner can choose to be fully involved or in a semi-absentee role. The transition to the new owner will be seamless with the current owner offering 2 weeks of training.

Listing Details

• Price: $375,000
• Down Payment: $375,000
• Sellers Discretionary Earnings: $111,000
• Total Sales: $378,000
• Location: Kenton County, Kentucky


• Inventory: $5,000
• FF&E: $150,000
• Employees: 9
• Year Established: 2023
• Reason for Selling: Owner has other businesses and interests
• Category: Miscellaneous/Other