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Established and Growing Hair Salon in Pueblo Area + Seller Financing

Detail information about the listing

FF&E: N A

Inventory:  10,000*

Growth: 

 

Further Details: Location:    Pueblo, CO

 

Inventory:    Not included in asking price

 

Real Estate:    Leased

 

Building SF:    1,500

 

Lease Expiration:    N A

 

Employees:    6

 

Facilities:    The salon features 14 stations, 1 private room, and 3 shampoo bowls.

 

Financing:    20 percent seller financing available, with potentially more available for qualified buyers

 

Reason for Selling:    Career change

 

 

Additional Details

  • State:CO
  • Asking Price:$149,995
  • Cash Flow:$142,914
  • Established:2011
  • Business Description:Year-over-year growth for the last 3+ years Priced to Sell! 1x Cash Flow Premium Hair Salon that is Semi-Absentee Rare opportunity to acquire a highly rated hair salon and consistently among top salons in Pueblo County! This salon can be run semi-absentee as a manager is already in place, and is listed at an incredible ~1x SDE. Owned since 2011, the salon has been highly-regarded in the community with a fiercely loyal clientele. The salon's reputation has allowed it to be highly resistant against COVID, even eclipsing its 2018 revenue total in 2020 despite being forced to shut down for 2 months. 2021 produced a record year, bringing in revenue of almost $576,000, exceeding projections by 10%. The salon features 14 stations, 1 private room, and 3 shampoo bowls. 6 full-time employees work at the salon and 2 part-time employees come to help during busy times. The salon offers men’s, women’s, and children’s hair services including haircuts, standard and Brazilian blowouts, highlights, balayage, waxing, lash extensions, split end treatments, and coloring - which is highly profitable. Pricing is very strong, with basic men's haircuts starting at nearly $30. The salon has a fully functional website with seamless booking abilities using a reservation management CRM. With personal services demand roaring back as COVID continues to fade, the new owner of this top-tier salon is in a very strong position to dominate the market.
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  • Reason For Leaving:Career change
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