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Asking Price:	$275,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Family reasons.
Year Established:	2005
# of Employees:	18
Yearly Revenues:	$670,000

Business for Sale Overview:

This is a rare opportunity to own a successful business with a client base of over 7,000 clients and gross revenues of over $670,000 per year. This is a high-end, full-service hair salon and day spa with 6 styling stations, 3 treatment rooms, 2 nail stations, 2 pedicure stations and a full retail boutique with over $20,000 in products. The business is self-running with a fully trained front desk staff and 18 professional and licensed stylists, massage therapists and estheticians. The salon utilizes a $5,000 point of sale system that allows the owners to track sales, marketing, performance, retention, etc. and contains the entire database of clients, purchasing history, and contact information.

Property Features and Assets:

This is a high-end, full-service hair salon and day spa with 6 styling stations, 3 treatment rooms, 2 nail stations, 2 pedicure stations and a full retail boutique with over $20,000 in products. The entire salon and spa was recently renovated in 2006 and is conveniently located within 5 minutes walking distance of a major shopping center and tourist area and has over 20 parking stalls.

Market Competition and Expansion:

The salon has an established reputation attracting clients from all over the island. The owners have been approached to open a second location in a shopping mall and also to provide massage services for a Waikiki boutique hotel. Client list is extensive and clients will follow the business to other locations. The business is located in the heart of Honolulu which is Hawaii's largest market for high-end services. It is also located within 5 minutes walking distance of Wakiki and Ala Moana Shopping Center. The owner has established an extensive marketing program that includes client referral programs, a newly designed professional website with appointment booking and gift card purchasing online, a quarterly publication with an email database of 2,000 readers, a television commercial, and a library of professional photographs and professionally designed marketing, advertising and promotional materials.

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.