Absentee-Owned Salon in Calhoun – 1 Hour From Atlanta, GA!
Absentee-Owned Salon in Calhoun – 1 Hour From Atlanta, GA!
Price: $99,000
Location: Gordon
Industry: Hair Salons and Barber Shops
Listing ID: CALHOUNSALON99K
Buy two businesses in the same area from the same seller! Immediately add value to the Salon and take over a C-Store just 1 mile away!
Salon is open from 11:30am to 7pm Monday through Friday, open 12pm to 6pm on Saturday, and Closed on Sunday! Buyer can easily extend hours to maximize earnings.
Only 2 chairs are operational currently with room to add more! Bring in new stylists and provide additional services to capture more revenue!
Store is located in a very busy strip mall with several restaurants and other retailers consistently bringing in foot traffic!
Key Financials:
Monthly sales average $8,225 with ONLY 2 chairs! Bring in additional stylists and charis or add services to boost revenue immediately!
The salon brings in another $2,100 on average per month in tips!
Rent is $1,400 TOTAL per month with 3 years remaining on the lease!
Net profit is over $5,000 per month AFTER $2700 in Payroll and all operating expenses!
Demographic and Geographic Details:
Local population is growing by nearly 4% per year! Median Household Income is $50k!
The salon is located on Hwy 53 with a high traffic count of 29,000 passing vehicles daily! Hwy 53 provides direct access to Historic Downtown Calhoun and Interstate-75, which is less than a mile away. Plenty of space to advertise and bring in more business!
Near a master-planned community that will feature 250 homes, as well as a large industrial development with a 404,000-square-foot facility, bringing in hundreds of new jobs. As this area continues to grow, so will your customer base!
3 miles from schools like Calhoun Elementary School, Calhoun Middle School, and Calhoun High School collectively serving over 3,000 students and faculty!
Close proximity to restaurants like Taco House, El Rayos Authentic Mexican, Peng's Pavilion, Soho Hibachi Calhoun, Firehouse Subs Wall Street - Calhoun, El Nopal Mexican Restaurant, Jefferson's, Doro’s Italian Restaurant, El Pueblito Mexican Grill, Mr. Sumo, Popeyes Louisiana Kitchen.
Near apartment complexes and condominiums like The Exchange, Park Brook Apartments, Calhoun Gardens Apartments, Stoneridge Apartments, Idora Park, Belwood Apartments, Cedar Hill Properties, The Smithwoods, Holly Hills Apartments, Carriage Apartments, Brookstone, and St Ives Apartments.
30 minutes from Rome and Dalton, GA! 50 minutes from Chattanooga, TN! 1 hour 15 minutes from Atlanta, GA! 2 hours 30 minutes from Birmingham, AL!
Asking Price for Business-Only: $99,000 plus inventory!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Gross Revenue: $98,700
Cash flow: $60,000
Days & Hours of Operation: Salon is open from 11:30am to 7pm Monday through Friday, open 12pm to 6pm on Saturday, and Closed on Sunday!
Owner Hours Per Week: Salon is open from 11:30am to 7pm Monday through Friday, open 12pm to 6pm on Saturday, and Closed on Sunday!
Monthly Rent: 1400