Upscale Profitable Hair Salon

hair salon for sale in vancouver, bc

Business Details

Company Profile

Listing ID: VANCOBC002-N499

Location: Metro Vancouver, BC

Type of Entity: Corporation

NAICS: 812116

Industries: Unisex Hair Salon

Business Highlights

  • Great location with high traffic and lease extension option
  • Well-managed and trained staff
  • Excellent brand reputation and recognition
  • Trained staff & management team in place
  • Strong base of clientele
  • Industry leading customer service and quality

This is an opportunity to purchase a luxury boutique hair salon that has developed a strong reputation as an industry leader in hair care services. By employing a system of continuous education, high standards, and empowering their team, the company has built a solid model for ongoing success, independent of owner input. The company’s revenues are generated through a combined service and retail model, and utilizes a commission-based employment structure, allowing healthy profits for both ownership and staff.

This well established brand and business, provides a prospective buyer with a strong system of processes and offers flexible support for a proper transition to the new owner.

Type of Sale: Share Sale

Operational Balance Sheet Includes: Furniture, Fixtures & Equipment / Goodwill / Normal NWC

Normal Net Working Capital: $30,000

BUSINESS ASKING PRICE

$545,000

Normalized Financial Summary

YEARREVENUESSDEEBITDA
Proj. 2019 $1,171,000 $274,000 $192,000
2018 $1,150,000 $269,000 $186,000
2017 $1,143,000 $264,000 $182,000
2016 $1,157,000 $216,000 $138,000
* SDE - Seller’s Discretionary Earnings
** EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
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Metro Vancouver, BC