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Gorgeous Salon Spa For Sale
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $70000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2011
Number of Employees 20 - 34
Inventory 92500
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training As required by buyer
Reason for Sale Seller has other businesses requiring his attention
Description Looking to open your first salon or expand your current business? $25,000 down will get you the opportunity to purchase a gorgeous salon/spa in a ultra-prime location on the west coast of Florida with existing clientele providing a solid revenue stream, leasehold improvement and assets at a fraction of what it would cost to do so on your own.. The current owner created this beautiful salon and spa to pride a luxurious, serene environment for their clients in an affluent SW Florida community. The spa provides hair, skin, nails and massage services and is staffed by 16 technicians, 4 administrative staff and an in-place Spa Director. It was opened about 6 months ago after moving from a previous location to take advantage of this outstanding upscale locale, taking with them perhaps half of the existing clientele. A separate business they are involved in has put a limit on the amount of time that they can spend in this business and they thus decided it would be best to offer it to someone else that had the time to focus on it. Note that the financials above are projections based on the owner s year-to-date numbers and balance of year expectations. The owner feels business is currently on track to do perhaps $450K in revenue for the year. This should generate I excess of $70k in net income. A gorgeous 4,880 square foot leased facility in an ultra-prime location with fantastic signage visible to all. This would be an exceptional salon/spa for someone to acquire as their first salon but it would also be an outstanding opportunity for someone in the area with a current salon or spa and existing clientele, that wanted to take their business to the next level by acquiring additional clientele, an outstanding location and a turnkey operation fully supported by a great fixed asset base. Financing: seller will accept $25K down and offer terms for balance
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