Business Overview:
A real opportunity. This exquisite hair studio – SPA – Boutique is selling at a bargain price. The present owner of 16 years, had to start taking care of her ill mother and could not manage the salon as she used to do. It is a 30 years old salon, remolded few years ago, furniture and decoration consist of high end and antiques. Average customer check is $90. Located in Downtown Austin with 90,000 federal/state/city employees within 1 miles radius. 5 years left on the lease. To appreciate the value go to youtube and type in “Exquisite salon for sale by sell business” and view the salon. Any way you look at it this is a bargain at $59,000, which includes the present inventory. In addition there is owner financing with 20% down. Note! The name and website are not for sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Free standing building 2,900 square feet with 12 parking spaces. 11 semi-private stations, 5 wash stations, 2 nail stations, 1 private facial room and 1 private massage room. Private kitchen and washer/dryer.
Market Competition and Expansion:
The seller still has to be able to take off at any time to help her mother and will work as a part time operator at another far-way location. Most of the income used to come from renting/leasing the chairs for $375 a month and selling the boutique and hair products. The Receptionist/sales women will probably stay and so does the facial technician. Some of the operators already left, others will leave when the salon is sold so you will need to re-rent/lease the chairs or hire new employees. To replicate this salon with its furniture, it will cost you around $200,000. Many of the established customers will keep coming to this salon as long as you can keep providing them with the excellent service. An opportunity to buy an exquisite salon at this low price does not come frequently.
Reason for Selling:
Has to take care of ill mother
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.
Resources: