Listing Number: 76931-201221
This blow dry bar business is one the top salon franchises available in the country, and it is a brand that is growing exponentially with locations all across the country and in Canada. The brand coined the term “blow dry bar,” which is a salon concept that offers no cuts or color but provides gorgeous blow outs, custom styling, updos, bridal styling, makeup services and even hair extensions. The stylists are paid hourly vs. a commission-based system, and at a successful location, licensed stylists can make up to $28-30 an hour. With some owner involvement, there is no need for full-time management, but the business does benefit and grow with a qualified front desk receptionist/supervisor. Any stylists who are promoted to supervisory positions can continue to generate revenue. This location opened in early 2022 and is growing well, but due to family circumstances beyond the owner’s control, a lucky buyer will get a brand new blow dry bar in a very desirable area for about 1/5 the cost of opening a new location! A buyer will need to continue building the business, but there is a great foundation and excellent operations and marketing support from the franchisor. By year end, revenue should be over $180,000.
At a $100,000 price tag, any buyer could get this stunning business in its ideal location for approximately 1/5 of what it costs to open a brand-new franchise of this blow dry bar. The business is situated in a busy and trendy shopping area, and the modern buildout of the salon is brand new. Any potential buyer could invest in marketing and hiring to see the revenue and profitability increase dramatically depending on how many stylists and makeup artists are hired and by including additional services like hair extensions. A salon this size in the franchise can easily generate well over $500,000 in annual sales. The salon was built out in late 2021, and all furniture, fixtures and equipment are in like new condition, and the custom millwork alone is worth well over $60,000.
- Price: $ 100,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 185,000
- Location: Snohomish County, Washington
- Inventory: $ 2,500
- FF&E: $ 80,000
- Employees: 7
- Year Established: 2022
- Reason for Selling: Other Opportunities
- Category: Beauty/Personal Care