Gorgeous Salon-Spa in ultra-prime location (ID: 1094320)

Business Description

Looking to open your first salon or expand your current business? $25,000 down will get you the opportunity to purchase a gorgeous salon/spa in a ultra-prime location on the west coast of Florida with existing clientele providing a solid revenue stream, leasehold improvement and assets at a fraction of what it would cost to do so on your own.. The current owner created this beautiful salon and spa to pride a luxurious, serene environment for their clients in an affluent Gulf Coast community using his extensive experience in the salon and spa industries. All of the furniture, fixtures and amenities were chosen or were designed by the owners for their quality and are in excellent condition.
The spa provides hair, skin, nails and massage services and is staffed by 16 technicians, 4 administrative staff and an in-place Spa Director. It was opened about 6 months ago after moving from a previous location to take advantage of this outstanding upscale locale, taking with them perhaps half of the existing clientele. A separate business they are involved in has put a limit on the amount of time that they can spend in this business and they thus decided it would be best to offer it to someone else that had the time to focus on it. The owner would be willing to work on a commission basis perhaps 2 or 3 days per week if the buyer chose.
Note that the financials above are projections based on the owner s year-to-date numbers and balance of year expectations. The owner feels business is currently on track to do perhaps $450K in revenue for the year, without any additional effort. This should generate I excess of $70k in net income. The owners are very experienced business people besides being skilled in the particular trade and the business operates with a high degree of discipline with attention to managing all aspects of the cost structure.

About the Business

Year Established: 2012
Number of Employees: 20

Facilities: A gorgeous 4,880 square foot leased facilty in an ultraprime location with fantastic signage visible to all. Rent is $5,300. All of the furniture, fixtures and amenities were chosen or were designed by the owners for their quality and are in excellent condition.Additional photographs and a complete breakdown of all the company s furniture, fixtures and equipment are available upon request.

Market Outlook/Competition: This would be an exceptional salon/spa for someone to acquire as their first salon but it would also be an outstanding opportunity for someone in the area with a current salon or spa and existing clientele, that wanted to take their business to the next level by acquiring additional clientele, an outstanding location and a turnkey operation fully supported by a great fixed asset base.

About the Sale

Reason For Selling: Other businesses demanding more attention

Training/Support: As required.

Seller Financing: seller will accept $25K down and offer terms for balance

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