Sell a Business!
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Michigan Business For Sale |
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| HAIR SALON & SPA |
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| Attn: Marsha Barnett-King |
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| Oakland County, MI, USA |
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| Asking Price: |
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$148,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hair, Nails, Spas, Tanning |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1995 |
| # of Employees: |
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11 Full Time , 2 Part Time |
| Yearly Revenues: |
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$490,455 |
| Yearly Cash Flow: |
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$58,786 |
| Yearly Gross Income: |
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$490,455 |
| Monthly Payroll: |
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$4,500 |
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Business for Sale Overview:
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This lovely salon and spa has a well established clientele and excellent staff. The sales have steadily increased. The salon is not only profitable to an owner working behind the chair but also to someone who simply wishes to manage it or work in a related field. A buyer who is a licensed facialist or message therapist would have an excellent chance to grow the spa business. However, an unlicensed owner can also make a good income.
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Property Features and Assets:
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The business is located in a very desirable residential, commercial and academic setting. The strip center is well maintained and visible from several directions on a major intersection. The gross lease was renegotiated and is currently $2,529, expiring October 2010. The salon has 10 style stations, several spa rooms, a dispensary and laundry room. |
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Market Competition and Expansion:
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The buyer might want to consider purchasing a salon system. This would give the buyer a chance to capture more data and do direct marketing to the well established existing customer base. There are several new large commercial buildings in the area that might be solicited for new clients. This is a rare location with no other salons in the immediate area. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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