This salon was opened in 2012 by the seller, who is a licensed stylist. The current owner has a steady and loyal customer base and three contractor stylists. The salon is in a commercial strip center, so the accessibility and visibility of the salon are fantastic. When purchasing this business, the buyer would be investing in location and significant growth potential. The 2023 sales are projected to top $180,000, with an SDE coming in at over $96,000. In 2022, total revenue was $180,000, with an SDE of $96,000.
In addition to cuts, color, and styling services, this salon has a broad clientele coming for exact color tinting. They mix their own color to match the exact desired color for customers. The owner works in the business and manages the other three contractor stylists. She now wants to sell the business, keep working there as a stylist, and let a new owner manage the business.
A potential buyer could invest in marketing and hire more stylists on either commission-based employees or stylist station rental to see the revenue increase significantly.
