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Businesses For Sale   >>   Idaho Businesses For Sale

Hair Salon / Spa

Location  Idaho,United States
Asking Price Range  $250K - $500K
Gross Revenues  $89950
Net Profit / Cash Flow  $51151
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1998
Number of Employees  6 - 9
Inventory  $21200 + (Real Esate $250000)
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Negotiable
Reason for Sale  Owners wish to slow down, but will stay on and lease chairs.

Description  
$399,000 Call Gary: (208) 331-6782 HAIR SALON: This business has been in operation for 16 years and founded by the current Owners. The business caters to all ages for the entire family and also carries an extensive line of hair products for their client's convenience. The Owners pride themselves in running a professional salon, while continuing their education by attending classes, conferences, and business seminars. There are 8 stations with 8 full-time stylists at the location and there is plenty of room to add additional stations and services. Along with the 8 stylists there is also an esthetician, a make-up artist, as well as a girl that waxes (new). All stations are leased for $560 month, the esthetician pays $250 a month, the make-up artist pays $225 a month, and the girl that waxes is new and only pays about $25, because she is only there with a scheduled appointment. There is no advertising and the sales come from past clients, work-of-mouth, and referrals. The stylist's clients are their own and their lists are not for sale. The stylists are well known, have a great reputation, and have been working there for many years. There would be a lot of opportunity for a new Buyer to increase income through adding more stations, adding a masseuse, and by bringing in a good nail tech. The current owners wish to slow down a bit, but are willing to lease chairs and stay with the Salon. GREAT OPPORTUNITY FOR THE RIGHT BUYER! All Prospective Buyers must sign a Confidentiality Agreement, as well as provide proof of funding! CHAIR LEASES WILL PAY FOR THE BUSINESS BY ITSELF with a 8.88% CAP RATE! BEST VALUE IN THE MARKET! I HAVE NOT SEEN ANY OTHER SALON WITH A BETTER PERFORMANCE! Would also be a great opportunity for a Nurse Practitioner for a place to do injectibles as the chair rent would pay for the land & building and could help build their sales through the salon's customers.


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