This is a fantastic opportunity to purchase a salon offering services to the unisex market. Established for over 10 years in Newnan, GA, the business is only on the market due to retirement and would, in the broker’s opinion make an ideal target for an experienced hair dresser desiring to take his or her career to the next level.Our client has had the benefit of good stable profits over the past few years but she has recently, with the birth of her first grandchild, started to take things a bit easier and this is certainly reflected in last year’s earnings however a new buyer could easily return the salon to its former level of profitability (closer to $114k in gross revenues) just by increasing opening hours and adding new stylists. At its busiest the salon employed 6 stylists including the owner! The salon currently has 6 stations, 2 washbasins and 4 dryers, 2 of which belong to the current booth renters (each paying $420 per month) and the salon has a clean, bright and welcoming feel! Fully handicapped accessible and located in a prime location close to other retailers, the seller believes that a new owner can build on the foundation she has built.BUSINESS HIGHLIGHTSEstablished for ten yearsGreat location – fully handicapped accessibleGreat all season businessCommitted and talented booth renters who are willing to stayGrowth opportunities to further develop hair and beauty serviceExcellent reputation, loyal clients and good market positioning.
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