Multi Location Hair Salon For Sale - Over 40,000 Clients!

Maricopa County, AZ

Multi Location Hair Salon For Sale - Over 40,000 Clients!
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Asking Price: $979,000

Cash Flow: $295,000

Gross Revenue: $2,189,000

EBITDA: N/A

FF&E: $500,000

Inventory: $80,000

Rent: $0.00

Established: 2005

Multi Location Hair Salon For Sale - Over 40,000 Clients!

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Business Description

Well Established Salons - Phoenix Area - Over $2,100,000 Gross Revenue

After 13 years of continuing growth and success, even during the economic downturn....One of the premiere Phoenix area salons is available to purchase. Each location was designed and constructed from the ground up in amazing locations. Demographics surrounding each location are incredible! Population, median household income and traffic counts contribute to the sustainable business model currently in place.

With close to 50 employees, the salons have seen 6-8% year over year growth. With a database containing over 40,000 clients, the client base provides consistent revenue and continued growth based on referrals and strong social media presence.

Detailed Information

Location:
Maricopa County, AZ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,100
Lease Expiration:
N/A
Employees:
49
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location #1 is approximately 1,500 sq. ft. - Location #2 is approximately 3,600 sq. ft. Both are leased locations with below market rental rates. Over $600k invested in tenant improvements alone.All equipment conveys.
Competition:
Both locations are well established and pull clients from over a 10 mile radius. High end/Exclusive color line used which contributes to the continued client satisfaction and quality of service rendered in both locations.
Growth & Expansion:
Continued home building, new move-ins, corporate centers and growth surrounding both locations. High staff retention and loyalty.
Support & Training:
30 days of support and training included.
Reason for Selling:
Outside Corporate Employment Opportunity
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Business Listed By:
ryan peart

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