!!!2-Unit Hair Salon in Seattle & Tacoma!!!

Tacoma, WA (Pierce County)

!!!2-Unit Hair Salon in Seattle & Tacoma!!!
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Asking Price: Get Financing: $375,000

Cash Flow: $147,601

Gross Revenue: $663,751

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2010

!!!2-Unit Hair Salon in Seattle & Tacoma!!!

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Business Description

!!! Highly Successful 2-Unit Hair Salon in Seattle & Tacoma !!!

Well established highly successful 2-unit hair salon with locations in both Seattle and Tacoma!!
These are upscale salons offering high end services with all hair styles. The salons are employee based and not chair rental salons. Currently there are 6 stations at one of the salons and 10 stations at the other. This is a strong, growing business, with expansion opportunity!! Is ideal for either someone currently in the industry, or for someone looking to change careers and to acquire a small business with very strong cash flow! Could also be a very strong acquisition for existing salon operator seeking additional growth concept.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
16
Facilities:
One is Located in Seattle and the other in Tacoma. Both locations are in great condition and feature modern design. One currently has 6 stations and the other 10 stations. Long term lease are in place and at low market rates.
Growth & Expansion:
These are very well managed salons with an established business model and systems in place. Built with growth and client retention in mind, these salons provide a team environment where 90% of the clients feel comfortable seeing any available stylist, and some stylists have a rotating schedule working at both salons. Both salons share the same phone number, allowing the central dispatcher to schedule the workload at each location accordingly, and there is a 24-hour online booking system as well as an online store where clients can shop for products and gift certificates. These salons has excellent reviews on social media, and have been featured in various magazines.
Support & Training:
These are employee based salons and not chair rental facilities. The owner works part time and is not a stylist, but oversees general management and business operations. There are well established and detailed training and performance systems in place, and the owner is willing to work with and train new owner if needed?
Reason for Selling:
Pursue other interests
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Mark Hesch

Business Listed By:
Mark Hesch

Hesch & Shain Commercial Real Estate

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