Established Hair Salon in Prime Location-Downtown Dayton

This is an excellent turnkey business with top experienced stylists in place. This can be a perfect expansion opportunity for an owner-stylist to open a second location, or for a new owner to explore your passion and follow your dreams.

Attractive, beautifully-outfitted, high-end salon with an open floor plan spanning 3,000+ SF in a corner unit with tons of natural light from expansive views on two sides in a prime downtown location just steps away from the Oregon District and downtown Dayton’s numerous shops, amenities, restaurants, brew pubs, galleries, and boutiques.

 The salon is well-appointed, very clean, and spacious. The atmosphere is bright and well maintained. Space has 2 modern bathrooms, office / storage, kitchenette/break-room, three private rooms for Massage, Waxing, Lashes, Etc, and a large receptionist area and lobby with displays for product sales. The salon is located on a busy road that is just a short trip from Interstate 75. There are over 5,000 VPD that pass by this location. There are several hotels, restaurants, and shopping options within a short distance to the business. Currently two large multifamily developments in progress near the site. This operation is prepped for the right owner / operator to come in and drive the operation

 The business currently runs on 4 booth renters with established clientele lists. Owner-operator goal to rent out all 8 booths and 3 rooms with a variety of salon capabilities would heavily increase the profit margin. This is a rare opportunity perfect for an expanding concept or an owner-stylist.

CONTACT INFORMATION: GABRIELA CONSTANTINI, BUSINESS BROKER, 3CRE COMMERCIAL REAL ESTATE | (513) 600-6168 | GABRIELA@3CRE.COM

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 Inventory:

Included in asking price.

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Competition:

Open since 2013, the salon continues to grow due to its great reputation and many referrals.  It has outstanding online reviews from hundreds of guests, a 4.9 star rating on Facebook and Google, and more than 5,000 “likes.”

Growth & Expansion:

The salon’s annual sales have grown 20% year over year with only 8 stylist stations in place.  Due to the open, spacious floorplan, there is room for at least 20.  The salon is located on a block undergoing intensive development with the proposed addition of a boutique hotel and hundreds of additional residential units

Financial information to be disclosed to serious buyers only, pending signed nondisclosure agreement.

Real Estate:

Leased

Building SF:

3,000 +

Lease Expiration:

Well below market lease ends March 2020 with 5-year lease extension option available.

Reason for Selling:

Owner’s focus has shifted to offering nationwide classes to stylists on advanced coloring techniques and managing his own product line.

Support & Training:

TBD

Financing:

Seller financing to qualified buyer.

Facilities:

Main space is flooded in natural light by day, and ample daylight LEDs by night, and includes:

  • Reception area with 12’ long custom reception desk

  • Waiting area with sofa, chairs, retails shelving, and massive double doors opening onto sidewalk-level enclosed patio garden

  • Attractive 12’ color bar/dispensary within easy reach of stylists

  • Full-service coffee bar with hand-washing sink

  • 8 stylist stations

  • Wash house is located in separate room with 4 stand-behind shampoo bowls under a twinkling starlit ceiling

  • Break room contains full-size stainless steel French-door refrigerator with ice maker, dishwasher, sink, microwave, table and chairs, and cabinetry

  • Office with inset window display

  • Brow/waxing room

  • Tattoo/microblading/massage room with handwashing sink

  • Double-sized room currently used by two permanent lash extension artists

  • Two very spacious restrooms

  • Laundry/storage room with full-size front-loading high efficiency washer and dryer, separate closet with mop sink

  • Storage/HVAC room with employee lockers

  • 2 HVAC units with separate Nest thermostats

  • Fully integrated with door sensors and alarm to maximize efficiency

  • 2 professional-grade water heaters

  • Alarm system with mobile phone/remote desktop controls