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Salon suites & open concept salon in South KCMO
Kansas City, Jackson County, Missouri
StatusSoldAsking Price:$375,000Net Profit:$45,000Gross Revenue:$230,000EBITDA:$30,000Square Feet:2,900
This business has been sold!Business Description
Exceptional opportunity to own a turn-key salon in the fast-growing area of Southern Kansas City, Missouri. This 2,900 sq. ft. open-concept salon boasts six private suites, nail stations, pedicure thrones, ample parking, and tons of storage space, making it an attractive destination for clients from the affluent neighboring suburbs. The salon has been in business for eight successful years and has earned an excellent reputation for its quality service and exceptional client experience, reflected in its outstanding Google reviews.
The salon is being sold by the current owner due to relocation, creating a rare opportunity to acquire a turnkey business that generates potential yearly earnings of over $100,000. With very affordable rent and a prime location in a high-traffic area, this salon has tremendous growth potential. Moreover, with two booth renters wanting to stay, the new owner can walk into immediate rental income of $1,800 per month.
The sale includes an extensive range of furniture and fixtures, making it easy for the new owner to take over and continue operations seamlessly. With all these features, this salon is an attractive investment for an ambitious entrepreneur looking to take advantage of a high-growth market and a well-established, profitable business. Do not miss this chance to own a salon and suites in a prime location.
Pre-covid and prior to the owner moving away this salon brought in $19,000 per month in rental fees.
Total cost of running this business $4,900 monthly, this includes rent, CAM and all utilities.
Sale price $35,000 includes all assets, owner financing with down payment available to those who qualify.
Asset list:
– 2 Booth Renters ($225 per week rental income)
– 11 Hair Stations
– 6 Suites (3 of them partially unfurnished)
– 1 Makeup counter
– 2 Nail stations
– 2 Pedicure Chairs
– Nail Drying station
– Reception desk
– 9 dryers
– New washer and dryer
– Break room table w/chairs
– Fridge and microwave
– Security cameras
– 8 Shampoo bowls
– Lockers
– 8 Product Cabinets
– 8 Mats
– Salon Decor
– Product Display Case
– Google business listing
– Facebook business page
Transaction Support
Full training for a buyer up to 90 days to transition ownership.
Business Details
Asking Price:
$375,000
Net Profit:$45,000
Gross Revenue:$230,000
EBITDA:$30,000
Location:Kansas City, Jackson County, Missouri
Business Type:Independent Business
Square Feet:2,900
Rent (Including CAM):$4,900
Lease Terms:Lease Transfer
FF&E:$125,000
Inventory:$5,000
Established Date:2017
Employment Structure:Independent Contractor / Booth Rental
Seller Financing:Partial Seller Financing Considered
Reason for Selling:Relocation
This business has been sold!
