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Profitable Beauty Salon for Sale in Westport, Ireland

For Sale: Luxury hair salon which receives 80-100 customers daily and has 17 hair stations.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 580 thousand
Run Rate Sales USD 630 thousand
EBITDA Margin 40 %
Industries Beauty Salons
Locations  Westport
Local Time 9:20 PM Europe / Dublin
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: EUR 500,000)
Reason: The owners are looking to enter a different line of business.
Includes physical assets worth USD 110 thousand
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Business Overview
- Luxury salon with an artistic interior created in an architecturally beautiful and bright space.
- 2,000 square feet with space having 17 cutting stations, 4 shampoo stations & a beauty bar with modern interiors.
- The salon was featured in many leading magazines and has won many national awards.
- Great social media presence with clients from all over the country and even overseas.
- Employees include 8 full-time and 6 part-time.
- The owner is a semi-absentee, all staff are in position and willing to stay.
- Sales are very stable, with a great profit margin, and possible for absentee ownership options.
- Brand has been built for 10 years with a unique design and concept, and has great potential for expanding to multiple locations.
- We receive 80-100 customers on a daily basis.
- The business is currently operating for just 5 days in a week from Tuesday to Saturday.
Products & Services Overview
Hairdressing to the highest standards in Ireland.
Assets Overview
Beauty product, furniture, equipment in the office, and interiors.
Facilities Overview
Located in one of Ireland's most touristy towns, Westport. The rental space occupies an area of 2,000 sqft for which the rent is EUR 18k per year.
Capitalization Overview
- This is a private limited company and has 2 shareholders.
- There are no debts or any other kinds of loans in the business.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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