Full Service Day Spa & Beauty Salon
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $880000
Net Profit / Cash Flow $145000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 6 - 9
Inventory 165000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This well established semi-absentee run Day Spa and Hair Salon offers its discerning clients a full suite of beauty care services including facials, waxing, microdermabrasion, massage, high-end hair care, as well as a top of the line retail product offering. While this turn-key operation is superbly run, it still offers prospective buyers a great deal of upside potential as the owner is semi-absentee, and not managing the business to its full potential.
This 2,000 square foot facility comes with a lease that has two remaining five year options, and should be offered to qualified buyers at an unbeatable rate of approximately $6,000 per month including common area maintenance (CAM), with cost of living increases every 2 years. The sale will include over $170,000 in inventory and equipment, as well as the benefit of the Seller's nearly $300,000 in facility improvements.
Valencia has a number of top notch day spas, medical spas and hair salons, however, few (if any) competing salons will be able to boast the 12,000 person client base, the employee tenure, the ideal location, or the fantastic lease rate that this business offers.
As the current owner is semi-absentee, new management will likely seek to work at the facility full-time as a service provider to maximize profitability, or at a minimum, as a receptionist. New owners will seek to ensure that all hair stations are occupied, that market rate rents or commission splits are charged to technicians, and most importantly, that the overall operation is being aggressively marketed to existing clients and prospective new clients to continually increase the salon's throughput. New management may also seek to explore adding entomology treatments and body wraps, and if the landlord permits it, high margin medical spa services such as injections or laser hair and vein removal. Asking $320,000. Contact for more information on this Day Spa & Beauty Salon for sale.
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