Established Salon Business for Sale

Business Opportunity for Sale
Catylist Listing ID: 30769242
Property Subtypes: Hair and Beauty
Building Size (RSF): 1,200 SF
Sale Price: $50,000
Name of Establishment: LA Salon
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 4/25/2022

Overview / Comments

Well established LA Hair Salon in the Leland area with three stylist renting booth space and booth space for additional stylist. Salon is located in the Food Lion anchored strip center off Mt. Misery Road. Over three miles to the nearest competitor. Strip center is surrounded by residential homes and a development is slated to begin construction on the lot to the rear of the center

Additional Details

Nearest MSA: Wilmington
County: Brunswick
Industry Segment: Beauty Salons and Barber Shops
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: three stylist paying booth rent.
Mgmt/Training Support Description: Owner is willing to help with the transition.
Competition/Market Description: No immediate competition in the center. Nearest competitor is over three miles away.
Growth/Expansion Opportunities: There are additional booths that can be rented out for growth opportunities. Surrounded by several new housing communities and a multifamily community is slated to begin construction on the lot next to the center. Brunswick county has is one of the fastest growing counties in North Carolina.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,196 24,572
Median Age: 38.52 37.37
Households: 6,213 9,834
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