There are few if any salons in this class. Established in 2008 this award winning salon and med spa boast a national ranking. Revenue has grown from $1.2M in fiscal 2018 to $1.4M in fiscal 2019 to $1.6 M in fiscal 2020 which ended March 31, 2020. Most of their revenue comes from the salon side of the business. There is plenty of room to grow both sides of the business. Their FFE is top in the industry. There are 27 employees. The owner works a few hours a week overseeing the big picture. They are well staffed with an experienced director in place. The owner’s discretionary earnings is in the $250,000 range. We are asking $695,000. Contact: Matt Wochele, CBI 404-863-2200 or J Snypp 404-966-5989. Status: For Sale
Category: Hair Salon
Hair salon and Spa:SOLD
This high end salon and spa generates over $750,000 in revenue. We are asking $400,000.
Contact J Snypp # 404-966-5989 or Matt Wochele, CBI #404-863-2200
Status: SOLD
Hair Extension Sales Business – SOLD
This 5 year old hair extension sales and import company has experienced tremendous growth. Revenue has grown from $211,000 in 2011 to over $15,000,000 in 2015. They did reach $19,000,000 in 2014 but experienced a drop in revenue in 2015 because of quality control issues when they added a second manufacturer. This issue has been corrected. They import human hair from China for processing and sale in two retail locations and also through their website. The hair is processed in their warehouse in Atlanta where a special procedure adds to the quality and longevity of the piece. The founder and owner realizes that this business needs a more experienced leader to take it to the next level of growth and efficiency. Their net profit margin is between 12 and 14%. However, in reviewing their numbers it appears there is much room for improvement.
The ownership is lacking the professional business management skills and experience needed to properly run a company of this size. While he built a good model and a strong brand name to reach $19,000,000 in revenue in 2014 he understands to continue to grow the company needs the right guidance. The owner is willing to stay on and work with the new ownership for a period of time. He is open to part of the purchase price being in the form of an earnout.
We are asking $3,500,000 about 2Xs his owner discretionary earnings.
Contact:
Preferred Business Brokers, Inc.
Matt Wochele, CBI 404-863-2200
J Snypp, VP 404-966-5989
Status: Sold
Hair Salon- Very Upscale Buckhead Salon – SOLD
The reputation of this salon is one of great service and style. The owner is cutting back to spend more time at home raising her family. Revenue is in the $550,000 range for 2011 and in 2012. The owner’s discretionary earnings exceeds $110,000. The owner only spends about 20 to 25 hours behind the chair. She feels certain the other stylists can handle her book or the new owner if qualified can take it over. She is willing to transition as needed with the new owner. There is upside for more services within the salon. The salon stands alone when it comes to ambiance and build-out. We are selling for less then the cost to build. Asking $180,000. Plus inventory. Contact: Matt Wochele #404-863-2200. Status: SOLD
Hair Salon – Sandy Springs location-SOLD
Hair Salon – Sandy Springs location.
This salon has been in business over 25 years. The owner is ready to retire. He has seven styists that pay booth rental totaling $42,000 per year. Also, he has a steady clientele that a new owner/stylist can take over. We are asking $70,000. The owner’s income is $45,000.
Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.
Hair Salon – High end successful salon in Alpharetta-SOLD
Hair Salon – High end successful salon in Alpharetta.
The owner is ready to retire. There are ten stations with eight chair rental stylists paying about $1,000 per month each. The salon is 1950 SF. It has rooms for day spa services in addition to hair services. Revenue is over $300,000. The owner who works four days behind the chair makes about $80,000 per year. This salon is ideal for a stylists looking to be in the Alpharetta area. Asking $130,000 which includes about $60,000 in FF&E and improvements.
Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.
Hair Salon – Very upscale Buckhead salon-SOLD
Hair Salon – Very upscale Buckhead salon.
The reputation of this salon is one of great service and style. The owner is cutting back to spend more time at home raising her family. Revenue is in the $550,000 range for 2011 and in 2012. The owner’s discretionary earnings exceeds $110,000. The owner only spends about 20 to 25 hours behind the chair. She feels certain the other stylists can handle her book or the new owner if qualified can take it over. She is willing to transition as needed with the new owner. There is upside for more services within the salon. The salon stands alone when it comes to ambience and buildout. We are selling for less then the cost to build. Asking $180,000. Plus inventory.
Contact Matt Wochele, CBI #404-863-2200.
Status: Sold.