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SOUTHLAND BUSINESS BROKERS
BUSINESS SALES & ACQUISITIONS
| Ref Nr - 109 Upscale Charlotte Beauty Salon |
Copyright 2007 Southland Business Brokers, Inc. All rights reserved. |
Great business at a great value in a great location! This is an investor-owned salon with first-class
furnishings, and is located in a busy shopping center anchored by Bi Lo Supermarket and Eckerd
Drugs, plus many complementary businesses. Across the street in another new plaza are Best Buy and
other big box stores that draw people to the area. There are curently five employee stylists paid on
commission, one of whom manages the day-to-day operation, and all are expected to remain. Because
this is an employee-type salon where they work fixed schedules and do not rent the chair, there is the
potential for a new owner to increase the business by marketing (sale includes existing web site), and as
the business increases, one could increase the number of stylists up to sixteen by double shifting.
Ninety-percent repeat clientele and referrals assure continued success.
There are 1,280 SF under lease through 2011, with two, 5- year options. Base rent is currently
$2069/month. The seller's discretionary income of $42,000 reflects a non-working owner; therefore a
stylist-owner could easily double that! Reason for sale: Owner has other businesses that require his
attention, so the salon has been priced for a quick sale. Contact listing broker to be pre-qualified and to
receive a full marketing package including business profile and financial history. On Sept 25, 2007,
readers of the local newspaper voted this salon as "THE BEST OF LAKE WYLIE."
furnishings, and is located in a busy shopping center anchored by Bi Lo Supermarket and Eckerd
Drugs, plus many complementary businesses. Across the street in another new plaza are Best Buy and
other big box stores that draw people to the area. There are curently five employee stylists paid on
commission, one of whom manages the day-to-day operation, and all are expected to remain. Because
this is an employee-type salon where they work fixed schedules and do not rent the chair, there is the
potential for a new owner to increase the business by marketing (sale includes existing web site), and as
the business increases, one could increase the number of stylists up to sixteen by double shifting.
Ninety-percent repeat clientele and referrals assure continued success.
There are 1,280 SF under lease through 2011, with two, 5- year options. Base rent is currently
$2069/month. The seller's discretionary income of $42,000 reflects a non-working owner; therefore a
stylist-owner could easily double that! Reason for sale: Owner has other businesses that require his
attention, so the salon has been priced for a quick sale. Contact listing broker to be pre-qualified and to
receive a full marketing package including business profile and financial history. On Sept 25, 2007,
readers of the local newspaper voted this salon as "THE BEST OF LAKE WYLIE."
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