Business Overview

Those of you who sat on the fence when I sold the salon in Buckhead & the salon in Johns Creek, now have a chance to buy this profitable East Cobb Marietta opportunity that I just put on the market.
Here’s your opportunity to take over a well-established, turnkey, high-end salon in a great North Metro Atlanta neighborhood. The salon has a huge clientele & experienced stylists with different skill sets to satisfy all clienteles, young & old, traditional or contemporary. This salon for sale, offers a full range of services that include hair design, color & make overs to match the client’s lifestyle. This is a great opportunity for a new owner. The current owner is at a retirement age & she wants to slow down. She will stay on, full time, through the transition period & could occupy a chair to keep her clientele in this location & introduce them & transfer them to the new owner or a new stylist over time. All of current stylists & staff will stay. You can run this as an absentee owner or as hands on operator or somewhere in between.
This hair salon for sale is upscale with high end equipment & just went through a big renovation. A beautiful contemporary facility located in a busy, high traffic shopping plaza with many high end shops which drive new traffic to the salon. The area has excellent demographics for this type of business.
Well, if you have the money & the desire to own a reputable, upscale business in one of the best parts of Metro Atlanta, don’t sit on the fence, pull the trigger, fill out the attached buyer form & send it to me, NOW, then I will contact you to get you everything you need to make a wise business decision. After that, I will be accessible to you 24/7 until the closing & beyond. I love what I do: finding the best fit where I match the buyer with the best fitting business. It leads to a successful new business owner & that makes my day. My direct email is nick@nbb-web.com.
ATTENTION BUSINESS OWNERS: We are always in search of quality businesses to list, market & sell. so if you are thinking of selling your business or would like to acquire another business, please email me or call my confidential mobile number at 404-405-4069 to discuss the details and request a FREE and confidential business evaluation of your existing business, we offer here at Business Brokers Inc.

Financial

  • Asking Price: $99,000
  • Cash Flow: $60,000
  • Gross Revenue: $465,500
  • EBITDA: N/A
  • FF&E: $60,000
  • Inventory: $3,000
  • Inventory Included: N/A
  • Established: 1993

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,600
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

There are 7 hair stations, 4 shampoo stations. There is a washer & a dryer & an 80 gallon water heater.

Is Support & Training Included:

Smooth training and transition is included at no cost to buyer.

Purpose For Selling:

Retiring. Seller is over 72.

Pros and Cons:

This salon for sale has an established reputation & following in the area. When you are good, the competition brings you more business. Bring it on.

Opportunities and Growth:

There area is still growing. A new owner can add more energy & bring in more stylists and offer additional services. The salon was just renovated & a lot of the equipment was upgraded.

Additional Info

The company was started in 1993, making the business 29 years old.
The sale doesn't include inventory valued at $3,000*, which ins't included in the listing price.

The business has 7 employees and is situated in a building with approx. square footage of 1,600 sq ft.
The real estate is leased by the company for $4,300 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. Nevertheless, the real reason and the one they say to you might be 2 absolutely different things. For instance, they might say "I have way too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may simply be reasons to attempt to hide the reality of altering demographics, increased competitors, current decrease in revenues, or an array of other reasons. This is why it is very crucial that you not rely completely on a vendor's word, yet rather, make use of the vendor's solution combined with your general due diligence. This will repaint a much more reasonable image of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money so as to cover points like stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can suggest that earnings margins are too tight. Many companies come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that should be satisfied or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in new customers? Often times, operating businesses have repeat clients, which develop the core of their day-to-day profits. Particular factors such as brand-new competition growing up around the area, road building and construction, and also staff turnover can influence repeat customers as well as adversely influence future incomes. One vital point to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the higher the opportunity to develop a returning customer base. A last idea is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Exactly how might the local typical family earnings influence future earnings potential?