Business Overview

Profitable full service hair & beauty salon for sale in Roswell, GA

A beautiful, upscale, full service and profitable hair & beauty salon in a busy high end plaza awaits you, the new owner.
The current owner prefers to add other health & beauty services but does not have the expertise. So she will consider leasing some rooms or space for someone to provide services like laser hair removal, Med Spa services like Botox & other filler treatments, full body waxing, etc.
If you have been wanting to own a beautiful, upscale & profitable salon and did not want to spend a bunch of money and time to build it out and then wait for years to turn profit, this one is for you. If you have the money and the desire, let’s make a deal. Sellers are flexible and easy to work with.
Complete the attached form, then, let’s get started.

Financial

  • Asking Price: $98,000
  • Cash Flow: $45,000
  • Gross Revenue: $386,000
  • EBITDA: N/A
  • FF&E: $105,000
  • Inventory: $20,000
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,600
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A

Additional Info

The company was founded in 2013, making the business 9 years old.
The deal shall not include inventory valued at $20,000*, which ins't included in the listing price.

The business has 5 employees and is situated in a building with estimated square footage of 2,600 sq ft.
The property is leased by the business for $3,380 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you may be 2 entirely different things. For instance, they might state "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may just be excuses to try to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or a variety of various other reasons. This is why it is extremely important that you not rely totally on a vendor's word, yet instead, make use of the vendor's answer in conjunction with your overall due diligence. This will repaint a much more sensible picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover things such as inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can suggest that earnings margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that should be satisfied or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract new customers? Many times, operating businesses have repeat clients, which form the core of their everyday earnings. Certain elements such as new competition sprouting up around the area, roadway building and construction, and also personnel turnover can affect repeat clients and also adversely affect future profits. One vital point to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business regularly, the better the opportunity to build a returning client base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? How might the regional mean household earnings influence future revenue prospects?