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Aveda Concept Salon

Pinehurst, North Carolina (Moore County)

Services - Beauty & Barber Shops | Services - Other Personal Services

$Seller Financing Available

Asking Price $97,000 Inventory $7800** 
Gross Income $133,300 Real Estate  
Cash Flow $51,100 Year Established 1985
FF&E $14,300* Employees 1

* included in the asking price

** not included in the asking price

Aveda Concept Salon's are recognized around the globe for being at the forefront of fashion and employing highly respected stylists who are expertly trained in all aspects of hair care. Taylor David Salon offers complete hair care services based upon the top of the line of Aveda products. A 15 year track record at a single location producing year over year increases in revenue and profits. Well established business, well known location, with a repetitive base of clients. A stylist background is not a prerequisite to successfully operate this business. Those buyers who have a familiarity with Aveda and their "Concept Salons" will surely recognize the value of the brand and the desirability of this business. Comprehensive training and education is available from Aveda in addition to the necessary training from the current owner to successfully transition the business to the new owner. While the business fundamentals of Taylor David Salon are excellent, there is a clear path for growth. Business could be expanded without any infrastructure change by adding 2 additional full time stylists. Expansion into Aveda 'skin care' & 'spa' services would be a natural fit for this business and would permit owner to upsell these services to existing customer base. Aveda offers lots of incentives to Salon owners to expand into either one or both of these areas.

Facilities: 500sqft Retail Shop Located in the Historic District, Village of Pinehurst, same location since inception in 1985. Down the street from the famed Pinehurst Resort - Carolina Hotel.

Competition: Taylor David Salon is the only Aveda Concept Salon in Pinehurst, NC with only one other Concept Salon in the area....neighboring town, Southern Pines.

Growth/Expansion: The Greater Pinehurst Area has been experiencing strong growth over the last decade, a trend that is planned to continue for the foreseeable future. Oceanico, an International Developer is in the first phase of expanding the Little River Golf Resort, a Master Plan Community that involves over 1,000 homes. Secondly, Stonehill Capital Group is developing neighboring Foxfire Village into a master-planned resort community and could have as many as 1,000 homes once completed, equipped with two Jack Nicklaus designed signature golf courses and a Ritz-Carlton.

Seller Financing Available: Yes

Financing: 20% Owner Financing

Support/Training: This business is an "Aveda Concept Salon". Comprehensive education, training, and support is offered for owners & stylists by Aveda & Vidal Sassoon. In addition, the current owner is offering complete transition assistance to the new owner. This business has a well established customer base and retention of these clients will be a mutual goal.

Reason Selling: Retirement

Business For Sale By

Michael Fekkes

910.691.2202

ENLIGN Business Brokers

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