Turnkey 8-Chair Salon – A+ Condition, Below Replacement Cost

Established salon business available in the Ypsilanti area as an asset sale. The approximately 1,170-square-foot leased facility is fully built out and includes eight styling stations, a three-bowl hydraulic shampoo area, three dryer stations, reception and waiting areas, a private treatment room, manicure station, retail display fixtures, laundry, kitchen, storage, and other salon infrastructure. The equipment and facility have been well maintained. The salon currently operates on a chair/station rental model, with four of eight styling stations occupied. An incoming owner can expand the existing model by filling the four available stations or utilize the existing buildout for a different salon concept. Potential opportunities include: Filling the four vacant styling stations Expanding the mix of independent beauty professionals Reintroducing retail product sales Utilizing the private room for esthetics, massage, or other complementary services Expanding operating hours Establishing a website, social media presence, and targeted marketing program Converting some or all of the operation to an owner-operated, full-service salon The current owner has operated the business with approximately 5–6 hours of weekly involvement, primarily cleaning and handling light banking. There are no employees; independent tenant-stylists manage their own clientele, schedules, and services. Current revenue is generated entirely from recurring station rentals. The salon occupies a visible location along a well-traveled commercial corridor near Eastern Michigan University and the Ann Arbor market. Four independent stylists currently rent stations, and the seller expects the existing tenants to remain following a transition. The business is not currently cash-flowing, and the asking price reflects an asset-based opportunity rather than a valuation based on current earnings. The primary value is in the existing salon buildout, equipment, established location, current tenant relationships, and four immediately available stations. The facility is leased through June 2031, and real estate is not included. At an asking price of $35,000, this opportunity may be well suited to an existing salon operator seeking additional capacity, a stylist looking to establish a rental operation, or an entrepreneur interested in developing a salon concept without the cost and time associated with building out a facility from the ground up. Additional business and location information will be provided to qualified buyers upon execution of a confidentiality agreement.