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Washtenaw County, Michigan
Turnkey 8-Chair Salon – A+ Condition, Below Replacement Cost
Asking Price
$35,000
Revenue
Call/Email
Down
$35,000
Cash Flow
Call/Email
Name: Todd Barry
Name
Todd Barry
Description
The salon currently operates on a chair/station rental model, with four of eight styling stations occupied. An incoming owner can expand the existing model by filling the four available stations or utilize the existing buildout for a different salon concept.
Potential opportunities include:
Filling the four vacant styling stations
Expanding the mix of independent beauty professionals
Reintroducing retail product sales
Utilizing the private room for esthetics, massage, or other complementary services
Expanding operating hours
Establishing a website, social media presence, and targeted marketing program
Converting some or all of the operation to an owner-operated, full-service salon
The current owner has operated the business with approximately 5–6 hours of weekly involvement, primarily cleaning and handling light banking. There are no employees; independent tenant-stylists manage their own clientele, schedules, and services. Current revenue is generated entirely from recurring station rentals.
The salon occupies a visible location along a well-traveled commercial corridor near Eastern Michigan University and the Ann Arbor market. Four independent stylists currently rent stations, and the seller expects the existing tenants to remain following a transition.
The business is not currently cash-flowing, and the asking price reflects an asset-based opportunity rather than a valuation based on current earnings. The primary value is in the existing salon buildout, equipment, established location, current tenant relationships, and four immediately available stations.
The facility is leased through June 2031, and real estate is not included.
At an asking price of $35,000, this opportunity may be well suited to an existing salon operator seeking additional capacity, a stylist looking to establish a rental operation, or an entrepreneur interested in developing a salon concept without the cost and time associated with building out a facility from the ground up.
Additional business and location information will be provided to qualified buyers upon execution of a confidentiality agreement.
https://tworld.com/locations/Michigan/annarbor/listings/Turnkey-8-Chair-Salon-–-A-Condition-Below-Replacement-Cost
Business Details
Year Established:
1998
FE&E:
$20,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
$2,670
Other Information
Listing Number:
60332-339796
Sales:
$27,020
Posting Information
Posting ID:
ID tw:91950 / Listing Number 60332-339796
Business Category:
Beauty/Personal Care
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Turnkey 8-Chair Salon – A+ Condition, Below Replacement Cost
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*91950
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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