Location
Contact Person
Alex Shteriev
Phone
+1 416-228-1200
Annual Revenue
$ 292,000
Price
$ 149,000
Cashflow
$ 49,000
Category
Hair & Beauty
Year Established
1987
Employees
9
This Company is a service-oriented business that continues to operate as the premier children’s hair salons in the regions in which they are located. The business has two locations, which have enviable current annual sales. The company has been in operation for many years and has developed a highly respected reputation among parents for the quality of the company’s services. This has produced a stable, repeat, and loyal client base, resulting in a successful enterprise.
The business would be a great fit for an owner-operator that is in the market to purchase an established service-oriented company with loyal, repeat customers. This company would also be an ideal investment for an individual or company in the salon industry interested in expanding their market. It could also be an excellent investment opportunity for a company in a related industry seeking to complement their existing services and products. (e.g. a day care operation or a children’s clothing/toy retail company wishing to expand their market).
Business Highlights
• There are two locations strategically located in the GTA.
• A well-established, multi-year old business with a strong reputation in the industry.
• Each salon has a special play area to occupy the children before and after their haircuts.
• Child-friendly salon chairs to amuse and delight the children during their haircutting experience.
• Repeatedly “Voted One of The Best Children’s Hair Salons in Toronto,” by City Parent Magazine.
• There is a large selection of hair accessories and toys for impulse/reward purchases.
• Haircutting services for adults are also provided. The company also has a substantial and loyal adult following.
• There is a significant potential to expand retail sales, including organic hair care products.
Sale Information
Asking Price: 149,000
Revenue: $292,000
Profit: $49,000
Inventory: $10,000
Established: 1987
Employees: 9
Number of Locations: 2
Market Conditions & Competition
N/A
Financial Summary
N/A
Training & Support
Training will be provided as needed.
Reason for Selling
Retirement.