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Established Profitable Beauty Spa For Sale
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $86530
Net Profit / Cash Flow $18241
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 6 - 9
Inventory 75000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide adequate transition assistance for buyer and would prefer to remain as a stylist under new owner.
Reason for Sale Serious Health reasons
Description Asking: $65,000
Gross: $ 86,530 (Average 3 yr)
Cash Flow: $ 18,241.33 (Average 3 yr)
Beauty Salon and Day Spa for sale offers 9 hair stations, 2 rooms wired for tanning, 1 massage room, three sinks, three dryers and so much more. Business has been in operations for 20 yrs. Leased space has major traffic traveling by in Washtenaw County. The business has leased space available for expansion and room to grow. A full service facility that is profitable as is. Beauty spa provides all hair, skin and nail services, including massage, facials, and waxing. Facility has a roof storage area, laundry, kitchen and two lavatories.
6 stylists contribute to the bottom line as well the esthetician. Client base are families. Total sales include retail products. All business licenses are up to date. Plentiful parking in front of the business. The ideal buyer will have experience in the beauty / barber shop / hair styling business with a strong desire to grow from a solid base. The owner will consider staying on in the business supporting the new owner, or as well will consider a partnership arrangement.
Facilities: 1,600 sq foot is being utilized, with another 3,300 available build out needing finished. $2,700 per month, tenant pays utilities, no CAM. Lease will need negotiated, now on a month-to-month basis. There are nine Stylist Stations, three Sinks, standard Beauty and spa furniture fixtures and equipment, laundry equipment, shelving.
Competition: Competition is high; they beat the competition, as one of their uniqueness is the comfortable family environment. Great location in high traffic area with excellent parking and access.
Growth and Expansion: Aside having an additional 3,300 sq foot to grow into, a new owner or partner combining their talents, networking and other social media focused advertising would help grow the business back to where it was before the owner's health problems set in. Call Michelle 734-323-0376 or email broker.
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