Salon 809 started off as a full service “Dominican” hair salon located primarily in Hyattsville, MD. Opening just in 2015, the hair salon gained immense publicity through the use of social media and other paid ad tactics. The minority-owned hair salon offers a wide range of services and quality products in an inviting and comfortable atmosphere. With only one location and after the development of a large following, the success of this salon urged the owner, Jeimy Flournoy, to consider opening a second location for her business. In 2019, Flournoy opened her second location at 3536 Crain Highway, Bowie, MD 20716 in the Collington Plaza Shopping Center with the assistance of FSC First. The space being leased consists of 1,200 sq ft in the shopping center anchored by Walmart and Giant food.
Referred by Prince George’s County Council At-Large Mel Franklin, Salon 809 closed their expansion loan with FSC First in the summer of 2019. Utilizing the City of Bowie Revolving Loan Fund Salon 809, received a direct loan $100,000.
Salon 809-Collington Plaza sells a wide range of beauty services and products. They also provide quality hair, nail, and skin services, organic hair treatments along with top lines of beauty products like Olaplex, Nexxus, Sebastian, Redken and accessories. What sets Salon 809 apart from the competition is their commitment to providing these services in one convenient location and an emphasis on customer service that stresses treating each client as if they are the only one. Ironically, FSC First’s mission is along the same lines. We are committed to providing the utmost support to our borrowers and assist them in a way that will prove that we care about their businesses.
The February 2019 IBISWorld industry report for The Hair and Nail Salons industry comprises salons that offer haircuts, facials, makeup application services, hair modification treatments (e.g. perms and straightening procedures) and deluxe spa manicures and pedicures. Demand for such services expanded over the five years to 2019 amid economic growth that boosted discretionary consumer spending on personal-care products and services.
With this additional location, the salon will create four new full time jobs within their first year of business, promote local, small, and minority businesses in the area, and promote economic growth in the industry. The loan has also supported a women-owned small business, has brought new income to the community, and is also located in a Maryland Priority Funding Area.