N2197 Luxury Full Service Hair Salon
Beauty & Personal Care Businesses for Sale
- Primary Category: Hair Salons & Barber Shops for Sale
This luxury full service hair salon is in a desired area of Indianapolis. Housed in a 2,373 square foot facility, this hair salon provides premium services to their clients. They are well known for offering a personalized salon experience, garnering them a loyal customer base and nearly five star reviews. The salon offers multiple services designed to make clients look and feel their best. These services include:
• Hair Cutting
• Coloring
• Styling
• Treatments
• Extensions
The salon strives to make clients feel welcome and relaxed. The salon was designed with this in mind. The layout includes 3 shampoo bowls in a dedicated area, 12 stations, a color processing area, a color room, a private office, employee break room and bathroom. The front desk/reception area has space for beverages and a guest bathroom. Additionally, the space has 2 rooms available to rent. On top of that, there is ample space for expansion. The shared lot has ample room for employees and clients.
The salon is in a highly sought after area of Indianapolis. It is a busy area with a mix of residential, commercial, and entertainment venues. The salon has close proximity to other local businesses which drives cross traffic and brings in potential new clients. Being close to major roads and highways makes it convenient for clients to access the salon.
While the client base is diverse, they all have one thing in common: a desire for high quality personal care in a warm, welcoming environment. They go for personalized services and stylists that listen to their concerns and ideas. The ideal customer values self-care, wellness, and a luxury salon experience. The salon engages with their clients through social media. New clients come through word of mouth and social media. The become repeat clients through exceptional service. Repeat clients typically spend $124 per visit and $363 annually.
This luxury full service salon has everything a new owner could possibly desire. The location is perfect, the brand is well known and trusted, and the facility is beautiful and inviting. Staff and clients are in place. An experienced hair stylist can easily take over this salon and see profit right away. Interested? Contact us to find out more!
Investment Considerations:
• Strong Local Brand Presence
• Highly Rated Customer Reviews
• Excellent Location in a Trendy Area
• Solid Team in Place
• Recurring Revenue Opportunities
• Room For Expansion
Financial Information
- $149,000 Asking Price
- $109,338 Cash Flow
- $506,689 Gross Revenue
- Negotiable Down Payment
- N/A Adjusted EBITDA
Business Location
- City: Indianapolis
- State: Indiana
Reason for Sale
- The Seller is relocating
Detailed information
- Year Established: 2018
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: On request
- Monthly Rent: $2,983
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 2373
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Facilities
- Equipment is in excellent condition.
Market Outlook/Competition
- This business is part of the hair & nail salons industry in Indiana. It is projected that over the years to 2030, industry revenues will increase by 1.1% annually. The number of establishments is also expected to increase. Even though competition comes from other independent hair salons in the area, this one stands out due to a strong brand, community engagement, and a reputation for unique customer experiences.
Real Estate Description
- The Seller leases the facility. The lease expires July 31, 2028.
Business Listed by
Brian Knoderer
Sunbelt of IndianapolisContact Business Broker
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