#1457 Full Service Hair, Nail, & Beauty Salon

FL

#1457 Full Service Hair, Nail, & Beauty Salon
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Asking Price: Get Financing: $520,000

Cash Flow: $159,364

Gross Revenue: $790,121

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

#1457 Full Service Hair, Nail, & Beauty Salon

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Business Description

Cash-Flow: Revenue:

2017 Cash Flow: $159,364 2017 Revenue: $790,121
2016 Cash Flow: $155,384 2016 Revenue: $739,332

Founder owned and operated this full-service hair and nail salon opened in 1985 and has been successful for 30+ years. The Salon’s YTD Revenue and Cash Flow is traveling at its 2017 Revenue and Cash Flow results. The salon’s strong business track record, outstanding google and customer reviews, marketing, and its strategic location within the market has been a center point for the businesses success and ability to obtain the most talented and creative hair and nail professionals within the area. This salon is unique in its operating rhythm because it allows stylists or nail technicians to work their own business by leasing a chair/station or work as a commission-based employee. This business style creates a competitive atmosphere that helps keep its constant book of business. The salon implemented a state of the art Salon & Spa Software that offers multiple business reports, figures payroll and retail commissions, keeps track of inventory, offers appointment scheduling of employees and clients, sends out text reminders to the guest upon the original booking and the day before their appointment, allows for online booking and mass emailing, and many more features that gives the business and owners the ability to operate more efficiently and cost effectively.

The Salon offers services to woman and men for hair styling, cuts, coloring, perms and permanent hair straightening. The salon also offers full service nail styling, including; manicures, pedicures, gel and acrylic fills and removals, nail art and buff & polishes. Other services offered include make-up styling, bridal party styling, and waxing services. Paul Mitchell, Matrix, and Olaplex are some of the top market salon products that the Salon uses and sells to its consistent customer flow.

The business has an accommodating landlord due to a long-term relationship with the business. The Salon’s two owners have offered 16 weeks, 40 hours a week of business training to ensure a successful transition which is included in the purchase price. Post training period both owners are open to negotiating in terms of renting stylist chairs to continue to service their current book of business. If not, or, upon the owners exit of the business the owners’ book of business would transition to the buyer or other stylist if so desired by buyer. Seller’s will sign an industry and geographic non-compete and non-solicitation.

For more information on this listing, contact Christian Aunspaugh at 813-773-3779 or at his email Christiana@vikingmerger.com

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Larry Lawson

Business Listed By:
Larry Lawson

Viking Mergers & Acquisitions

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Sponsoring Broker:
Jay Offerdahl

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