Prime Opportunity: Booth Rental, Modern Hair Salon in Mobile Co.

Listing Number: 24876-739703

Description

• Established Excellence: Founded in 2020, this boutique hair salon has quickly established itself as a leader in the industry.
• Flexible Business Model: Originally commission-based, the salon transitioned to a booth rental model after the first year, offering independent stylists the freedom to manage
their own businesses.
• Award-Winning Reputation: Honored with the "Best New Salon" award in 2021, recognizing its commitment to exceptional service and client satisfaction.
• Comprehensive Services: Specializing in cutting-edge hair treatments including basic gray coverage, blonding, smoothing services, and extensions.
• Convenient Service: Welcoming both walk-ins and appointments, ensuring accessibility for all clients.
• Prime Location: Strategically situated in downtown Mobile, benefiting from high visibility and consistent foot traffic.
• Revenue Diversity: Robust income streams with product sales contributing less than 10%, commission stylists generating 55%, and competitive booth rental rates ranging from
$175 to $250 per week.
• Growth Potential: Positioned to capitalize on the trend of independent professionals seeking creative and flexible work environments in the evolving beauty industry.
• Community and Collaboration: Providing a supportive atmosphere where stylists can thrive independently while fostering a collaborative community spirit.

Listing Details

• Price: $112,000
• Down Payment: $67,200
• Sellers Discretionary Earnings: $91,161
• Total Sales: $171,631
• Location: Mobile County, Alabama


• Inventory: $1,200
• FF&E: $19,000
• Employees: 4
• Reason for Selling: Prioritizing Family
• Category: Beauty/Personal Care