Business for Sale Overview:
Business grossed $80k in June and $68k in May as it becomes more and more popular! Decorated with an artisan's eye, this beautiful business beckons you to come in and relax. Finest marble, inlaid stones and luscious upholstered items are to be found throughout the spacious rooms. There is even an opulent couples room for two people to enjoy their pampering together. State of the art equipment is found at every station. Interior space is laid out in such a way that booking services for groups can be handled nicely. Live out your dream of a prestigious and glamorous business that has been completely prepared and is up and running and is making a nice profit! The current owner serves as host but does not provide any services, so a smooth and seamless transition would be easy to accomplish.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
4,200 square feet of absolutely gorgeous and lavish accommodations. All design (including the tiniest details) have been meticulously handled to present a totally opulent and luxurious experience for the most discerning clients. The lease (including CAM) is $1,300 per month. There are 8 years left in a 10-year lease and then two 5-year options with a 3% a year increase built in.
Financing: $200k down will finance $120k to qualified buyers.
Support/Training: Seller will work with and train for two months and will guarantee maintenance of the current profit during that time period. Should new owner wish to remain as part of the current marketing setup that can be negotiated.
Market Competition and Expansion:
Competition: Business is in a well-trafficked location with a client base that has the means to patronize this luxurious establishment. There is very little competition for ten miles.
Growth/Expansion: Aside from hair, nails, facials, massages and all the usual services there is also a Physician who comes in one day a week to provide Botox and other medicinal beauty procedures. Expansion of those procedures and additional product lines would strengthen already blossoming income streams.
Reason for Selling:
Has 4 other businesses to run.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.