Profitable Salon in Fast Growing Area of Lower Mainland
Asking Price
169,000
Annual Sales / Revenue
440,000
EBITDA
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Business Key Points
- Surrounding neighborhood is quickly growing with a large amount of ongoing residential development.
- Fully staffed with long-term, experienced and professional personnel.
- Booking software in use and a database of over 6,000 clients.
- Owner does not work in the business.
Property Documents
Location
Available after signed NDAProperty Description
Beautifully finished, turn-key salon in the Lower Mainland offering a variety of services. Catering to all, this salon stayed profitable through the COVID-19 despite forced government closures. With assets of over $90,000 plus more than $100,000 in leasehold improvement, this salon is a very desirable opportunity in a fast growing community.
Facilities Overview
An open hair service with reception & retail area & 6 hair stations, 3 sink hair wash station, colour counter with 2 sinks & counter/cupboards, makeup/brows area, private esthetics room with sink & storage, wheelchair accessible bathroom (one of the biggest expenses added), staff room with fridge/microwave/coffee maker & cupboards/counter with sink & laundry, storage closet, & designated staff parking for 3 cars.
Business Growth/Expansion
Add at least one more full-time and part-time hairstylists.
Grow/market esthetics services, add more esthetic services.
Hair extension services (& have someone well- trained with them).
Re-build the pre-COVID mobile wedding business.
Add a loyalty points program & use in marketing.
Add a referral program & use in marketing.
Increase profitability by using receptionists less with owner on-site.
Cross-promote with other Brookswood businesses.
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