United states Economy to Grow Steadily in 2024
In October 2024, the U.S. economy demonstrated resilience despite high inflation and elevated interest rates. Real GDP grew at an annual rate of 2.8% in the second quarter, a significant improvement from the 1.4% growth in the first quarter. This growth was largely driven by strong consumer spending, increased nonresidential investment, and government spending, with full-year growth projected to be around 2.0%.
However, challenges remain, as inflation stays above the Federal Reserve's 2% target, with core inflation at 2.9%, mainly driven by rising shelter costs. The Federal Reserve is expected to cut interest rates twice by the end of 2024 to support future growth, while the unemployment rate has edged up to 4%, reflecting a softening labor market. Overall, the U.S. economy is expected to maintain steady, though moderating, growth as it heads into 2025.
1. Unique Retail Business with Excellent Goodwill:
This well-established retail business in Auburn, Alabama, has been locally owned and operated for 24 years, focusing on serving the community by working with sports leagues, youth groups, and local organizations. With Auburn University as its largest customer, this business has built a strong reputation, generating consistent income. The sale includes all fixtures and equipment, and the seller is willing to offer training for a seamless transition. The business can continue as a franchise or be rebranded as an independent entity.
- Location: Auburn, Alabama
- Asking Price: $89,000
- Gross Revenue: $307,604
- Cash Flow: $86,562
- Inventory: $30,000 (not included in asking price)
- FF&E: $50,000 (included in asking price)
Business Highlights:
- Goodwill: Over 24 years of strong community support.
- Location: Prime spot in Auburn, with Auburn University as the primary client.
- Brand Flexibility: Can operate as a franchise or be rebranded.
- Growth Potential: Expansion opportunities through local corporate relationships, additional staff, and a satellite location in Opelika.
Facilities:
- 1,904 sq. ft. leased space with a monthly rent of $1,900.
Growth & Expansion:
Significant room for growth through corporate partnerships, expanding staff, and opening additional locations.
Support & Training:
The seller is willing to stay on and provide training, ensuring a smooth transition.
This listing presents a great opportunity for anyone interested in a community-oriented, established retail business with plenty of room for growth.
2. Profitable Startup Beauty Salon in Livingston, NJ:
Unlock a fantastic business opportunity with this newly established luxury beauty salon located in a prime corner space in Livingston, NJ. Opened in 2023, this salon is located in an upscale shopping center, drawing in a high-end clientele. The salon boasts brand new fixtures and equipment, providing a modern and stylish environment for its wide range of services. With stellar reviews and a talented team, this salon is already profitable and has significant potential for future growth.
- Location: Livingston, New Jersey
- Asking Price: $98,000
- Gross Revenue: $133,000
- Cash Flow: $60,000
- Inventory: $9,000 (included)
- FF&E: $70,000 (included)
- Building Sq. Ft.: 1,493 sq. ft.
Business Highlights:
- Brand New Setup: Recently established in 2023, the salon features modern fixtures, furniture, and equipment.
- Prime Location: Situated in a high-end shopping center with high visibility and foot traffic from retail businesses on all sides.
- Full-Service Salon: Offers a range of services, including haircuts, coloring, styling, texturing, eyebrow and eyelash services, and more.
- Growth Potential: Includes a break room with washer/dryer, which could be converted into a space for additional services like spa or facial treatments.
Facilities & Equipment:
The salon is fully equipped with 3 shampoo stations, 6 styling stations, and 4 coloring stations, making it a 10-chair setup, all in excellent condition. There is also space for potential service expansion.
Market Outlook:
The salon caters to a broad range of age groups and styles, providing services for the whole family. Its excellent location and stellar reviews offer a strong competitive advantage.
Support & Training:
The seller will provide two weeks of training to ensure a smooth transition for the new owner. Additionally, the master stylist is willing to stay on board on a commission basis.
This listing offers a unique opportunity to acquire a newly established, profitable salon with significant growth potential in an upscale community.
3. Hair Salon - Established, Renovated, Great Location:
This well-established, owner-operated hair salon has been a staple in Maricopa County since 2007, thriving with strong community support. The salon underwent a full renovation in 2015, resulting in a modern, welcoming space with top-tier equipment. With a dedicated clientele, all chairs leased, and waiting lists for appointments, the business is operating at full capacity, providing an excellent opportunity for growth and expansion.
- Location: Maricopa County, Arizona
- Asking Price: $65,000
- Gross Revenue: $81,527
- Cash Flow: $49,048
- Inventory: $3,000 (included)
- FF&E: $40,000 (included)
- Building Sq. Ft.: 900 sq. ft.
- Rent: $1,372/month
Business Highlights:
- Established Reputation: Operating for over 16 years with a loyal customer base, this salon is a well-known fixture in the community.
- Renovated Interior: Remodeled in 2015, the salon offers a modern and inviting environment for clients, with high-quality equipment including wash stations, dryers, and workstations.
- Full Capacity: All chairs are leased, and there is a waiting list for appointments, indicating high demand.
- Growth Potential: The salon could expand by offering additional services, extending hours, or renting more chairs to part-time stylists.
Facilities & Equipment:
The salon is fully equipped with everything needed for daily operations, including top-tier hairdressing equipment and furniture, all included in the asking price.
Market Outlook:
The salon enjoys steady traffic and referrals from loyal clients, with growth opportunities in extending operating hours or offering new services.
Support & Training:
The seller will provide two weeks of training to ensure a smooth transition for the new owner.
This listing presents a unique opportunity to own a thriving, renovated hair salon in a supportive community, with opportunities for growth and continued success.
4. Barber Shop - 8 Chairs:
An excellent opportunity to own a well-established, 9-year-old barber shop in Los Angeles County. Whether you want to be an absentee owner or take up a chair yourself, this shop blends the classic with contemporary hairstyling. With a mix of commission-based and booth-rental barbers, the team consists of both newer and long-term stylists. The shop is positioned for further growth under new ownership.
- Location: Los Angeles County, CA
- Asking Price: $95,000
- Gross Revenue: $102,000
- Cash Flow: $43,000
- Inventory: $900 (included)
Business Highlights:
- Established: Operating successfully for 9 years with a steady client base.
- Team: Skilled barbers on commission and booth rentals, ranging from 6 months to 9 years.
- Flexibility: Option to be an absentee owner or hands-on by cutting hair yourself.
Support & Training:
Owner is flexible and willing to stay on as a manager or pay booth rent to ensure smooth operations.
Seller Financing:
Seller is open to offers, a substantial down payment, and a short-term loan if necessary.
This is an incredible opportunity to own a profitable and well-regarded barber shop with ample room for growth in a high-demand market.
5. Retail/Commercial/E-Commerce Picture Framing Business in Connecticut:
An exciting opportunity awaits with this well-established picture framing and frame sales business, located in an affluent town in Fairfield County. Operating for over 30 years, the business enjoys a solid reputation in the community and has expanded into commercial and e-commerce markets, serving clients like museums and art consultants. The business is primed for growth under new ownership, with existing infrastructure in place.
- Location: Connecticut, US
- Asking Price: $55,000 (includes furniture/fixtures and stock)
- Sales Revenue: $153,000
- Cash Flow: $43,000
Business Highlights:
- Diverse Segments: Retail, commercial, and e-commerce with established platforms on Etsy, eBay, and more.
- Growth Potential: New owners can expand with creative marketing, SEO, and social media strategies.
- Assets Included: Framing equipment, three websites, customer lists, social media accounts, and more.
Facilities:
- Size: 2,500 sq ft, including a 700 sq ft second-floor workspace.
- Lease: $34,200 per annum
- Layout: Spacious showroom, workspace, overhead garage door for easy shipping, and three-zone HVAC.
Competition:
- Market: Local retail competition exists but does not significantly impact this well-regarded business. The commercial and online sectors offer strong growth opportunities.
Support & Training:
The current owners are retiring and will provide full support and training to ensure a smooth transition for the new owner.
This listing offers a unique opportunity to acquire a reputable, established business with excellent growth potential in the framing industry.
6. National Sandwich Franchise
This nationally recognized sandwich franchise, located in a thriving Los Angeles shopping center, presents a fantastic opportunity for an owner-operator. Recently remodeled, the store is in excellent condition and benefits from steady foot traffic in a high-visibility area. The current absentee owner runs the business remotely and is looking to reduce their portfolio, creating a prime opportunity for someone who wants to be hands-on to drive profitability through day-to-day management.
- Location: Los Angeles, California
- Asking Price: $69,000
- Gross Revenue: $482,665
- Cash Flow: $41,898
- Employees: 8
- Rent: $5,471/month
- Lease Ends: 4/1/2029
Business Highlights:
- Prime Location: Situated in a busy shopping center, ensuring a high volume of walk-in customers.
- Newly Remodeled: Recently updated facilities provide a fresh, inviting atmosphere.
- Growth Opportunity: This is ideal for an owner-operator looking to optimize operations, reduce payroll expenses, and increase profitability.
- Franchisor Support: Full training and ongoing support are provided, ensuring a seamless transition for new ownership.
Support & Training:
The franchisor offers comprehensive training and support, guiding the new owner through franchise operations, marketing, and customer service.
Reason for Selling:
The current owner is looking to downsize their business portfolio, presenting an ideal opportunity for a new owner to take over a profitable operation.
This listing is an excellent investment for a hands-on operator looking to acquire an established, profitable franchise in a busy, high-traffic area of Los Angeles, with plenty of room to grow the business.
7. Busy Salon, High Walk-In Traffic – Near Light Rail:
This full-service salon, established in 1982, enjoys a prime location in Denver's bustling Restaurant and Historic District, just steps from a light rail station. With steady foot traffic, a loyal walk-in clientele, and constant phone inquiries, the salon is a thriving business offering a range of hair and beauty services. The current owner is retiring, making this a great opportunity for new ownership to build on an already established foundation.
- Location: Denver County, Colorado
- Asking Price: $74,097
- Gross Revenue: $166,599
- Cash Flow: $31,901
- Inventory: $4,185 (not included in the asking price)
- FF&E: $13,300 (included)
- Building Sq. Ft.: 1,626 sq. ft.
Business Highlights:
- High Traffic Location: Prime position near a light rail station ensures a continuous flow of walk-in clients and foot traffic.
- Long Standing Reputation: With over 40 years in operation, the salon enjoys a loyal customer base.
- Full-Service Offering: Provides a variety of services, from haircuts to facials, making it a go-to destination in the area.
Facilities:
The salon operates from a leased building on a month-to-month basis, providing flexibility for new owners.
Market Outlook:
The salon is ideally situated in a high-traffic area, ensuring a consistent flow of clients. With additional marketing or expanding service offerings, there’s room for further growth.
Support & Training:
The seller is offering 4 weeks of training to ensure a smooth transition for the new owner.
This listing presents an incredible opportunity to acquire a well-established salon with strong foot traffic in one of Denver’s most desirable areas. Perfect for a hands-on owner looking to expand an already successful business.
Conclusion
Investing in an established business, whether it’s a thriving salon, a picture framing company, or a well-established retail business, can be a highly rewarding venture. Many of these businesses offer stable revenue streams, loyal customer bases, and strong community support. From hair salons operating at full capacity to unique retail shops with decades of goodwill, buying a business presents a fantastic opportunity to step into a proven model of success.
Moreover, many sellers are willing to offer training and support, ensuring a seamless transition. Businesses like these come with operational infrastructure, market positioning, and strong growth potential—making them perfect for new entrepreneurs or experienced investors looking to expand their portfolios. Purchasing an established business provides the benefit of immediate revenue and the chance to further grow and innovate within your chosen market.
>> Learn more about how to achieve your business purchase goals <<
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
