Profitable Hair Salon & Day Spa With Client Base
Location California,United States
Asking Price Range < $250K
Gross Revenues $274000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This unique hair salon and day spa for sale is located within a major entertainment / resort destination center. The salon boasts a variety of services including hair, esthetician, massage, nails, permanent makeup and airbrush tanning. With a buildout cost of approximately $250,000, no expense was sparred in creating this first class establishment. The business is fully staffed with experienced independent contractors, while the seller manages the day to day operations and performs some massages. Asking Price $250,000.
The salon is located in a 2,146 square foot facility which leases for $5,025 per month (including CAM). The lease is valid through 2010 with the potential for additional options. The sale includes the salon's 6 stylist stations, 3 shampoo stations, 2 nail stations, 6 private rooms for massage and spa services, extensive supply and product inventory, customer database, and the business name.
Competition is considered low for this business as they have exclusive rights to operate within the resort / entertainment center, and no other salons or day spas exist in the immediate area. As this facility does have a built-in client base, it has a significant advantage over any nearby competitors.
The salon is still growing and has plenty of room to continue. A new owner could increase their take home pay by providing some of the offered services personally, such as hair, nails, or esthetician services. They may also offer discounts and partner programs to the number of retail businesses which surround the salon.
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