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Established Hair Salon in London

Ontario, CANADA

Asking Price: Gross: Cash Flow:
$239,000 $317,400 Undisclosed

Furniture and Fixtures Value:
$220,000 (included in the asking price)

Inventory Value:
$10,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
An outstanding opportunity awaits you to own and operate a flourishing hair salon located within an enclosed mall in London, Ontario. This business venture boasts a prime location, a spacious 1,200 square feet of dedicated space, a well-established customer base, and a seasoned team of eight skilled professionals, including four full-time barbers. This is your chance to be at the helm of a successful business that offers a high-demand service, all within a bustling shopping environment in one of Canada's most vibrant cities.The hair salon is strategically situated within an enclosed mall in London, Ontario, providing an excellent platform for visibility and convenience. The mall's central location draws a diverse crowd of shoppers and visitors, creating a consistent flow of potential clients. This prime spot is a key selling point, offering tremendous growth potential for the business.

 
   
   
Year Business was Established: 2022
   
Number of Employees: 4 FT/4 PT  
   
Facilities / Terms of Lease: The barbershop occupies a generous 1,200 square feet, providing ample room for 10 chairs, 12 workstations, waiting areas, and ancillary services. The well-designed layout maximizes functionality while maintaining a welcoming and inviting atmosphere, ensuring an enjoyable experience for both customers and employees.  
   
Potential Growth/Expansion: With a growing population and thriving local economy in London, Ontario, the potential for business expansion is significant. The barbershop's established presence and reputation within the mall, coupled with its skilled team, create a solid foundation for increasing revenue and capturing a larger share of the market.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: The owner operates multiple businesses and want to refocus on other opportunities.  
 

 

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