$1 million+ Hair And Nail Salon—Unique Concept!

Summary Information

Price:
Total Sales:

FF&E:
Inventory:

Listing Status:

$570,000

N/A

$150,000
$27,000

Sold

Summary

Description:

This very profitable beauty salon has had terrific growth---the last four year averaging 35% per year, growing to $1.1 million in 2016. This upscale trendy salon is a business opportunity for an individual or a strategic buyer to enter the active beauty industry. Possibility of franchising this unique concept. Located in a high traffic, wealthy community----a neighborhood where people work, eat, shop and live. This salon gets a large percentage of their business from wedding parties and other functions. Along with a mix of hair, beauty and nail treatments services, their unique location along with one service not usually found in conventional salons-----allows this salon to execute parties and functions---like no none else in their market. More than being part of beauty industry---it's being part of a social party culture! This business is currently run by an absentee owner. Great social media presence, Highly Profitable!

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Price: $570,000
Total Sales: N/A

FF&E: $150,000
Inventory: $27,000

Listing Status: Sold

Summary

Description:

This very profitable beauty salon has had terrific growth---the last four year averaging 35% per year, growing to $1.1 million in 2016. This upscale trendy salon is a business opportunity for an individual or a strategic buyer to enter the active beauty industry. Possibility of franchising this unique concept. Located in a high traffic, wealthy community----a neighborhood where people work, eat, shop and live. This salon gets a large percentage of their business from wedding parties and other functions. Along with a mix of hair, beauty and nail treatments services, their unique location along with one service not usually found in conventional salons-----allows this salon to execute parties and functions---like no none else in their market. More than being part of beauty industry---it's being part of a social party culture! This business is currently run by an absentee owner. Great social media presence, Highly Profitable!

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607