Salon Caramella | Application Preview
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General Information
Business Registration Number: 632285000
Location: Cabot, AR, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
I need to buy the items to get the salon open as well as money to get into the salon for deposit and money to get my licenses.
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Business Plan
I would like to get all the 4 renters into the salon and they would be self employed and would pay rent for their booths, if the salon is a nice salon then i can charge more for rent. I also will be working one of the booths and bringing in income as well. I have been self employed for 6-7 years and been successful, i opened my own mobile salon in 2020 and its been about four years doing that and i have also been successful, i am wanting to take it a step further and have a full salon now. I know i can do it and the building I'm wanting to lease is only $600 a month so thats a wonderful price and i know that i can be successful.
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Self Identified Competition
Iron brush salon, they have a nice new salon, i used to work there before venturing out on my own. Black oak salon, they used to be called A Savvy You, they are great and i used to be employed there as well. Then there is the cove salon, i have not worked there but heard good things. The difference between their salons and mine is that building is fairly cheap and still very nice so i know i can offer cheaper booth rent to other stylist but still get ahead. Id also like to offer the stylist further education classes and other salons don’t do this, i would also like to run it like a true booth rent salon. I would like my renters to have true creative freedom.
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Contact Applicant
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