This Successful Hair Salon and Barber Shop is a great opportunity for someone who wants to become an independent operator. Established in 2010, the business has over a decade of repeat customers and loyal clientele. Its location, at the crossroads of two heavily trafficked commercial streets in Helena, is accessible to walk-in customers, including handi-capped, from a paved parking lot and very visible to crosstown traffic. Historically, the business has not operated under a revenue-sharing protocol, but this could be changed to generate more revenue for the new owner.
- Asking Price:
- $60,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $41,544
- Cash Flow:
- $30,550
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Inside the business, there are five (5) complete workstations, two (2) with sinks plus comfortable seating for waiting customers. There is a back-of-the-shop storage room to store supplies and equipment. Plus, the sale includes storage cabinets, seating, two mini refrigerators, numerous mirrors, cabinets, pictures and decorations, and stylist chairs. Pre-COVID, a side salon with over 400 sq. ft. of additional space was active and could be rented out again, as a nail salon or to additional (4+) stylists.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The growth potential is very strong for a new owner with the personal skills to capitalize on one of the fastest-growing cities in Montana.
- Competition / Market:
-
Competition is normal for this type of business, but few have such a strategic location as this one.
- Reasons for selling:
-
The owners want to retire.
- Trading hours:
-
Tuesday-Friday 9am-5:30pm
- Employees:
- 2 FT/2 PT
- Years established:
- 15
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $4,800 - included in the asking price
- Inventory / Stock value:
- $750 - included in the asking price
- Relocatable:
- This business can be relocated
