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Business For Sale
UPSCALE SALON IN AFFLUENT AREA IN TAMPA
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Asking Price: |
$149000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Owner has multiple locations and wants to slow. |
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Year Established:
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2002 |
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# of Employees:
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4 |
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Yearly Revenues:
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$300,000 |
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Yearly Cash Flow:
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$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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