Chattanooga Full Service Hair Salon With Retail Anchors For Sale

Business description

This full service hair, nail, and beauty salon is within walking distance of Hamilton Place Mall and has great retail synergy with large, high traffic co-tenants. The salon is very nicely decorated which includes high end marble toped hair stations. The salon is currently setup to provide cut, color, pedicures, manicures, facials, and massages. There are 7 hair stations, 1 manicure table, 1 pedicure chair, 1 massage therapist table, and 1 aesthetician table.

This is a great opportunity for a stylist who's ready to run their own salon. The business is already cash flowing with the existing booth rentals from 2 full time stylists, 2 part time stylists, and 1 aesthetician. Any additional booth rentals or sales generated by a owner/stylist would be pure profit.

Property information

Real Estate:

Lease

Lease terms:

2.5yrs remaining with 3yr options

Leasehold rent:

$20,400 per annum

Location:

High traffic location in a high traffic center with easy access to Hamilton Place Mall.

Business Operation

Expansion potential:

A new owner could easily increase their income by simply adding more stylists renting booth space.

Years established:

2.5years

Other information

Furniture / Fixtures value:

$50,000 (included in the asking price)