Popular Family Hair Salon

Carson City, Nevada

Ad ID: 1500960
Type: Established business
Category: Services – Beauty & Barber Shops

Asking: $99,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $9,500
Inventory: $7,000

Gross: $194,874
Cash Flow: $26,915

Summary Description
This family oriented, full-service, 8-station hair salon has provided the entire family with fantastic cuts, colors, perms, and highlights for nearly 20 years. Kids love the salon for the video games, kid-friendly stations, and 20″ television screens at every station. Adults love the salon for the affordable prices and experienced staff. Seniors, students, military, police, and firefighters love the salon for the everyday discounts. Four full-time stylists are willing to stay. The Owners and staff are passionate about offering their customers excellent service and families have been coming here for years. Local customers support their small businesses, and this has led to solid, repeat business with lots of word-of-mouth advertising. Prime location in a busy shopping center anchored by a popular box store and several restaurants yields many walk-in customers. The location is highly visible to both vehicle and foot traffic. This is a unique salon that is firmly ingrained in the community. As Carson City continues to undergo tremendous growth, a motivated Buyer could expand the business quickly by advertising to residents coming to the area. The Sellers opened a second location for the salon, but profits weren’t as expected, and they don’t plan to renew the lease on it. So, technically the Buyer could take over both locations, if desired.

General Information
Year Established: 2000
Employees: 4
Facilities: This 1400 sq. ft. leased facility is turn key. Over $9,500 of Equipment is included in the sale, along with $7,000 of Inventory. The salon is located in a busy retail center, is easy to access, and offers ample parking.

Market Outlook
Competition: A busy salon with an 18-year established reputation and very loyal client base. Great website and Internet presence. Excellent reviews on Yelp and Google. One of the only salons to have kids’ stations, video games, and televisions at every station. Experienced and friendly staff. Great location in a shopping center anchored by popular box stores and restaurants.

Growth and Expansion: The population growth in the area offers excellent opportunities to expand the salon’s customer base. Advertising to incoming residents to capture first-time haircuts is key to capturing the market. The kids’ stations are popular and unique; promoting them at daycares, gyms, and neighborhoods would appeal to kids and parents alike. Distributing coupons at key times (at the start of the school year, holidays, etc.) is an effective way to bring in customers.

About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: Negotiable. Seller is committed to Buyer’s success.
Reason Selling: Other business interests.

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