Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$295,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Relocation to CA
Year Established:	2006
# of Employees:	10 full time
Yearly Revenues:	$340,030
Yearly Cash Flow:	$120,000

Business for Sale Overview:

It has been rumored that women from Dallas are the most beautiful in the world. Genetics and posh spas are their secret weapons. One can not help but be enamored with this spa's jaw-dropping exterior and interior. The feeling one grasps is that of extreme luxury and enchantment. The exciting colors, contemporary styling, and fun but sophisticated atmosphere at the salon invite people to come in, relax, and get ready to be wowed. This salon is so trusted and admired that many of this suburb's most discerning residents exclusively use this company for skin & hair services. Some companies must cultivate and patiently wait for success; however, this company was an overnight success opening day. The staff of 10 is fully focused on the needs of their clients, offering an extensive menu of every hair and spa service imaginable. Additionally, the salon is trusted with some highly exclusive product lines that only the top 1% of all salons in the US are able to enjoy. Spa & Salon is strategically located in the most influential shopping area of this wealthy Dallas Suburb. D Magazine was so inspired by this company that they performed a write-up on the creation.

Property Features and Assets:

Business occupies 2,500 Square Feet; Monthly lease is $5,489.58, which is "all-inclusive" covering insurance, taxes, common area maintenance and even water! The current lease-term extends until 2016 with renewal.

Market Competition and Expansion:

This suburb's current population is an already impressive 100,000 residents (city website), which is projected to uptrend to an astonishing 275,000 by year 2020 (city website). In order to put this growth into prospective; year 2000 population was 33,000 (city website), which translates to Adding 1,000 New Potential Customers Each Month! This type of growth is unprecedented for any community within the Dallas Fort Worth Metroplex, and even rivals the top five (5) highest growth cities nationwide.

Additional Details:

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