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Full service hair salon for sale. Over 15 years in same Flagstaff location. Location is arguably the best space for a salon in Flagstaff. Services include hair color, perms, facial waxing, styling and haircuts for the whole family. Product sales contribute to sales revenue with a Fantastic Sams product line with high margins. Training is provided for Stylists and new owner, along with on site training and phone support for new owner. Save a couple of hundred thousand by buying a proven, established customer based salon versus opening a new one. No previous hair experience is needed, although a business or hair experience background is helpful. There are 9 stylist's stations, 3 shampoo bowls and 2 dryers. Equipment includes full size washer / dryer, reception desk, reception chairs, product displays and much more. State of the art software to manage business from home. I have been an out-of-state owner for the past 12 years, paying 3 to 4 visits each year. Communication with employees has been accomplished through calls, text and email. On going support is done through the Corporate Fantastic Sams. This salon has had its' challenges with the pandemic and is currently operating well and coming into the busy season. Sales revenues are close to pre-pandemic levels and is great opportunity for a new owner to own their own business. I will include all retail product and all color supplies, approximately $6,000 to $8,000. My retirement is the reason I'm selling and want to have more time for that endeavor. It only requires 4 to 6 hours a week on average to maintain. More hours earlier on with owner involvement will add to the potential of growing sales. There is a great opportunity for growth with more owner time and working the social media for advertising. Location: Flagstaff, Arizona Year Established: 2007 Number of Employees: 10 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 1,600 Rent: $5,094.00 Per Month Facilities: Salon stations, reception area, break room furniture. Sales price includes all color supplies and retail products. There is a $7,500 transfer fee for the franchise. This is not included in the price. Buyer would have to qualify financially with Fantastic Sams and for the lease. Market Outlook/ Competition: Competition is mostly from other franchised hair salons in area. There are some mom and pop salons in the vicinity. Growth & Expansion: More owner involvement would be beneficial for growth, along with advertising and a more social media presence.
Listed: Apr 20, 2022
Updated: 7 hours ago
Views: 10
Favorites: 0