Beauty & Personal CareThis well-run hair salon company has served Hartford and surrounding communities since 1978. The company has expanded its service area gradually over time and now serves customers throughout the surrounding counties. Many customer relationships span a decade or more, and several commercial accounts are on multi-year arrangements. Staffing is stable, with low turnover relative to the industry and a working culture that has kept key people in place. Service offerings have been refined over the years to focus on the most profitable lines of work. The owner has stepped back from daily operations in recent years, and the business now runs semi-absentee. A professionally built website generates steady inbound inquiries with no ongoing ad spend. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. Performance has been consistent year over year, with the most recent period among the strongest in the company's history. Serious inquiries only; a signed NDA and proof of funds are required for detailed financials.
Owner is retiring after 48 years in the business.
Comprehensive 4-week transition included; seller open to a longer consulting arrangement.
Housed in a 1,200 sq ft commercial space with room to expand operations.
A new owner could grow by adding outside sales, pursuing commercial contracts, and increasing marketing spend.
Modeling Established Hair Salon Serving Hartford Since 1978 · $203K
Asking price is $203K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
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Figures are provided by the seller. The platform does not verify or value the business. The implied multiple is simply asking price ÷ cash flow (SDE). Not financial advice; verify independently before any offer.