For Sale

Established Hair Salon with Real Estate – Greater Lansing

Business Category: Beauty Salons, Barber Shops, Miscellaneous Retail, Miscellaneous Services, Other Personal Services, Retailing Businesses, Service Businesses
Location: Michigan

Listing Price:

$175,000

Revenue: $264,352

Cash Flow: $77,466

Financing Terms: Limited seller-financing is available for qualified buyers.

Real Estate Available: $500,000
Reason For Sale: The owner is seeking to transition into retirement.
Number of Employees: 15 Independent Contractors / 6 Part-Time Employees

This opportunity is a customer and quality focused hair salon offering a range of hair services including cuts, styling, coloring, and specialty treatments. The salon features semi-private hair styling stations, ensuring customer privacy during hair services. Additional offerings available include massage, nail care, and tanning.

With over 30 years of operation in the local community, the salon has cultivated a large and devoted customer base, earning an outstanding reputation for its services. The business boasts an impressive Google rating of 4.8 stars, reflecting its commitment to excellence.

The salon operates with multiple independent contractors, all of whom pay a chair rental fee. This business model significantly contributes to the salon’s revenue. In 2022, the salon achieved a revenue of $264,352, signaling a steady return to its pre-covid earnings. The facility is also available for purchase for $500,000.

Opportunities for Growth

(1) Implement Marketing
(2) Increase Retail Sales
(3) Update Company Website

Investment Highlights

(1) Established Customer Base
(2) Diverse Service Offerings
(3) Excellent Local Reputation

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