Salon and Spa - trending up

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Salon and Spa - Rapid Growth
Asking Price:
$139,900

Gross Revenue:
$509,071
Cash Flow:
$90,755
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$9,700
included in asking price

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Business Description

Modern salon and spa located in busy shopping Plaza in heart of Flagler County. Price includes $13,000 in consumables and retail inventory. Seller works only 20 hours per week (management duties) and does not cut hair. Buyer who can cut hair or provide other cosmetology services can add to owner benefit. Low lease in place with option to extend. Business is trending up and opportunity is excellent for full time owner. Great website allows for online appointment booking. Excellent staff in place and great opportunity for further growth

About the Business

Year Established:
2011
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
1,400
Lease Rate/Sq. Ft./Mo.:
$12.00
Lease Expiration:
3/1/2021
Facilities:
1400 square foot facility located in busy shopping plaza
Market Outlook/
Competition:
Competition cannot match the range of services offered.
Growth & Expansion:
Business is strongly trending up with over 40% growth in revenue for the last two years. Owner works only part time and performs only management duties. A full time owner could add to the already impressive growth.
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About the Sale

Reason For Selling:
Discuss with seller
Training/Support:
2 weeks at no cost

Listing Info

ID:
1571186
Ad Detail Views:
78

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$
months
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Business Listed by

Anthony Rigney

Quorum Business Advisors, LLC
License# BK3165430

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U.S. Census Data for Flagler County, FL
Age

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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Flagler County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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