Thriving Full-Service Hair Salon Available in Ottawa

Business Description

Overview: A well-established full-service hair salon, located in a prime area of Ottawa, offers a lucrative opportunity for entrepreneurs interested in the beauty industry. Operating since 1972, this salon has successfully catered to a diverse clientele, providing a range of services from haircuts to spa treatments.

Location: Positioned on a busy thoroughfare, the salon benefits from high visibility and easy access, enhancing customer convenience with ample free parking and close proximity to public transport.

Business Potential: The salon has demonstrated resilience and potential for growth, recovering post-COVID with strategies to increase revenue through chair rentals and enhanced social media presence. The spacious facility allows for the expansion of aesthetic services and additional staffing.

Staff: The dedicated team includes six barbers, seven stylists, and support staff, all benefiting from annual professional development to stay abreast of industry trends.

Transition: The current owner, citing retirement and health reasons, is committed to a smooth transition and is willing to support the new owner post-sale to ensure continued success.

Contact Information: For more details and to explore this exceptional opportunity, please contact Olga Nadjakova at 613-799-7977 or via email at [email protected].

Details

Business ID: OTTA0148
Business Category: Health and Personal Care Stores
Location: Ontario, Ottawa

Status: New

Financial Information

Asking Price: $ 175,000
Gross Revenue: $ 527,000
SDE: On request
FF&E (included): $ 150,000
Inventory: On request
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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