Listing Details
Subtype: Storefront, Beauty & Personal Care, Health Care & Fitness, Pet Services, Service Businesses, Travel, Other Specialty
Business Type: Hair Salon and Barber Shop
Year renovated: 2020
Year established: 2020
Typical floor size (sq. ft.): 1450
Building class: A
Floors: 1
Real estate: Leased
Financial Details
Rent: $4,000
Inventory: $10,000
Gross revenue: $250,000
Furnitures, Fixtures, and Equipment: $50,000
About the Business
Support and training for new ownership:
The owner will provide support and training.
Description
Turnkey Hair Salon Business for Sale - Richmond Hill Established and thriving hair salon in a prime Richmond Hill location. This business boasts a loyal client base and includes all furniture, equipment, inventory, and online assets. Key Features: - 9 hairstyling stations with expansion potential - 2 hair washing sinks, laundry room, and reception area - Ample visitor parking in front and back - Long-term lease (5+5 years) with positive cash flow from day 1 - High daily foot traffic and $20,000/month gross sales - Includes: - 9 rented hair salon chairs ($8000/month+) - Room rentals ($2000/month) - Nail services - Ecommerce hair product sales - 7-day operation with staff and rental chair stylists willing to stay - Lease: $4000/month (includes TMI) Financials: - Breakdown of income and expenses available upon request (see attachment) Growth Opportunities: - Offer spa services: laser treatments, facials, and makeup applications - Optimize rental chair income with strategic stylist recruitment - Explore additional revenue streams with product sales and online services - Owner-operator stylist can capitalize on their expertise to drive growth - Investors can enjoy a turn-key operation with minimal involvement Contact: or to learn more. This well-established salon is primed for further growth, with opportunities to enhance services and increase revenue. With a strong existing client base and operational systems in place, there's a solid foundation for success. Let's connect to discuss how to unlock this salon's full potential. 😊
Location & nearby
This listing is located in Richmond Hill, ON
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