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Business For Sale

UPSCALE SALON IN AFFLUENT AREA IN TAMPA

Attn: Salvatore Urso
Tampa, FL, USA
Listing Number: "FBAS081607"
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Asking Price: $149000 USD USA Dollars
Business for Sale Industry: Services: Hair, Nails, Spas, Tanning  
Reason for Selling: Owner has multiple locations and wants to slow.
Year Established: 2002
# of Employees: 4
Yearly Revenues: $300,000
Yearly Cash Flow: $45,000
 

Business for Sale Overview:

This salon grossed over $745k in 2003. The sales have decreased each year due to the owner's lack of interest, inability and unwillingness to juggle multiple locations & sacrifice family life. The name is well recognized in Tampa, and will remain with the new buyer. Salon differentiates itself by it's high-end, exclusive products and system. The high-end products include Dermalogaca skin care, Kerastase hair products, and Intaglio skin care products.


Property Features and Assets:

This beautiful, upscale salon has Belvedere custom Italian furniture; the value of the fixtures, furniture, equipment and build-out is about $200,000. New floor. There are 9 stations. Size is about 1875 sq-ft.


Market Competition and Expansion:

Expansion opportunity is great. In 2003 the salon's sales were over $745,000. Subsequently, the sales have dropped due to owner's lack of interest to sustain sales. The sales can be further increased w/ double shifts.


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 is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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