Please ensure Javascript is enabled for purposes of website accessibility Prime Opportunity: Booth Rental, Modern Hair Salon in Mobile Co. | Bill Whiston | Transworld Business Advisors

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

Contact Agent:

Bill Whiston
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