Full Service Salon & Spa - Great Cash Flow!

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Full Service Salon & Spa - Great Cash Flow!
Asking Price:
$65,000

Gross Revenue:
$287,732
Cash Flow:
$65,754
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Established in 1992, this is the first full service salon open for business in Bremerton, complete with cuts, colors, manicures, waxing and massages. As one can attest, nothing was spared and customers appreciate the attention to detail. That detail is reflected all the way through the way the seller operates this entire business, including the employees, no leased chairs here. All employees are built into the business plan. The core are long term, well respected individuals in their fields, with unparalleled skill to match. The seller has recruited and maintained top talent, that would love to remain working. Each stylist has a non-compete in place.

The seller created a brand and identity and has been able to maintain it with SOPs, rules and regulations and follow through. The salon itself is so mesmerizing that we haven’t even started to talk about the location. This building can be bought in addition to the business for $850k. In the heart of the rebuild in Bremerton, it was ahead of its time. The business has its own parking lot for 7 cars, off road parking for your clients next to the building. Parking in itself is a plus.

Email or call us for an NDA , then go in as a customer, buy some product, get a trim, then fall in love. I sincerely think this is a keeper.

About the Business

Location:
Bremerton, Washington
Year Established:
1992
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
4,500
Rent:
$0.77 Per Month
Facilities:
Hair cuts, hair coloring, manicures, waxing and massages.
Growth & Expansion:
The seller has left room for additional services and employees if someone wanted to in this 4,500 square foot layout. Seller reached their comfort level but always had future growth in the back of their mind.
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About the Sale

Reason For Selling:
Moving on to other business ventures.
Training/Support:
2 weeks / 80 hours
Seller Financing:
8/31/2022

Listing Info

ID:
1588392
Ad Detail Views:
0

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$
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Business Listed by

Mary Keller Wynn

The Wynn Group

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