Established salon located on busy Goodman Road in Olive Branch, Mississippi, one of the fastest growing area in the Greater Memphis Marketing Area. It is conveniently located to major highways traveling north and south to Memphis and Tupelo, and also east and west to Fayette and Shelby Counties. This is a great opportunity to enter an incredibly dynamic business with very low cost of entry. Perfect for an owner/manager to take advantage of a current book of business.
The salon has been open for several years with current ownership at 3 years.
Inventory: Included in asking price
Real Estate: Leased
Building SF: 1,500
Lease Expiration: 12/31/2019
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The build-out, including furniture, fixtures and equipment is included. It consists of 6- styling chairs, 4- dryers and 3- wash stations. Product display, waiting area, and reception desk included.
Competition: Competition in the surrounding area includes other hair salons. Most of the larger franchised salons are nearby, but the cost of ownership and operation of Mane Image Salon gives a distinct advantage to hiring and pricing.
Financing: Cash to seller at closing.
Reason for Selling: Owner is relocating out of state.
Business Website: http://www.maneimagesalon.com