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Asking Price:	$125,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Other interests
Year Established:	2002
# of Employees:	5
Yearly Revenues:	$333,000
Yearly Cash Flow:	$134,795

Business for Sale Overview:

Does a prime location with an excellent Memorial clientele, close to major restaurants and medical construction, sound good to you? Then consider this unique opportunity to take over a gorgeous salon that offers hairstyling, nails, facials, waxing, massages, microdermabrasion and lash/hair extensions; along with day spa packages and wedding services. The experienced staff consists of four commissioned stylists plus the owner, a nail tech, a facialist and a masseuse. The motivated seller owns more than one profitable business and would like to cut back on hours after twenty years in the beauty business.

Property Features and Assets:

Upscale 2,000 square feet salon in a strip shopping center with superb parking, leased at $4,800 per month. Furniture, Fixtures & Equipment: The salon has ten sharp styling stations, two spa pedicure chairs, a nail station, a private facial room, and a private massage room with an inviting shower. The custom made reception area and displays are impressive. In addition to the ten styling stations, there is room for five more styling stations or five more nail stations. Mirrors and styling chairs are already in place. Five beautiful nail stations are in storage and available. Major remodeling with all new Furniture, Fixtures, & Equipment was done less than three years ago. Two networked computers use proprietary software for client appointments and database.

Market Competition and Expansion:

Growth/Expansion: This is an ideal opportunity to lease out the remaining stations or add new commissioned stylists. High traffic has been hindered for three years by freeway construction which will be completed before the end of 2008. Demographics in the Memorial area along with existing clients will support growth prospect. Product sales are another source for revenue increase. New restaurants and medical construction underway will contribute to the area long-term growth. Owner will gladly provide support as needed and would like to continue working part-time. The staff is well trained to deliver impressive service with the policies and procedures already in place.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.