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.

 The owner has changed his business model by currently renting chairs in the salon at minimum of $200 per week. With at least 3 chairs rented, rent is more than covered leaving another 5 chairs and three treatments rooms available for additional revenue (with the opportunity to expand to at least 20 chairs if you desire).

CONTACT INFORMATION: VINCE LADNER | (937) 232-0552 | VINCE@SALONJLADNER.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 November 2019 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 10’ 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 with room for at least 20 if you desire

  • 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 and camera system with mobile phone/remote desktop controls