Listing Number: 041621-383330
Description
This salon has cornered the children hair braiding market with an active client base of almost 2,000 children ages 2 – 17. The salon’s active social media page keeps the beautiful hair styles, luxurious interior aesthetic, and dedicated staff top of mind. Customer referrals is also a major driver of continued growth for this company!
This is a turnkey opportunity, for a new owner and it does not require you to be a stylist. If you love children, beauty, and managing people this is a great opportunity for you. The next owner will want to focus on growing the business back to full capacity, which is housing 8 stylists. With millennial parents being busier than ever, the children’s market for grooming continues to expand year over year and this company has grown year over year as well. At its peak, pre-pandemic, all 8 seats in the salon were filled. Now, post-covid there are 3 dedicated full-time stylists and the salon is open 7 days a week.
Finally, in addition to styling services, this salon offers manicures, hair braiding trainings, and has a line of beauty products for children. This business is primed for growth under a leader who has the passion to scale it to its fullest capacity.
Listing Details
- Price: $ 100,000
- Down Payment: $50,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 175,449
- Location: Cook County, Illinois
- Inventory: $ 5,000
- FF&E: $ 11,000
- Employees: 3
- Year Established: 2018
- Reason for Selling: owner has moved out of the state
- Category: Beauty/Personal Care
