This high-end, well-maintained hair salon is situated in an affluent neighborhood, within a strip mall renowned for its great foot traffic and ample parking. The presence of anchor stores significantly enhances the salon's visibility and accessibility, making it a prime location.
This salon has 18 stations. Current occupancy is around 50% which presents a significant opportunity for growth. Operated for close to two decades, the hair salon has been able to garner close to 500 5-star reviews on Yelp, which showcases their customers' satisfaction with the business. Starting a similar high-end salon would require a six-figure investment to replicate.
This salon would be a great fit for a strategic buyer who has experience recruiting stylists and/or marketing a salon. While experience as a stylist is a plus, it isn't required to operate this turn-key salon. Finally, the property management company is willing to provide tenant improvement assistance for the right buyer.
This is a rare opportunity, contact me for more information.
