Owner Financing is Available!
Business Overview:
This 2,000 square foot facility leases for $6,500 per month including common area maintenance expense (CAM) on a lease valid until June 2017. All of the salon’s furniture, fixtures and equipment are owned and will transfer in the sale. One bed lease has a $20,000 balance with monthly payments of $714 for 2.5 years. This lease may be assumed by a buyer or paid off in the sale (in addition to purchase price).
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:
This salon’s coveted location with fantastic freeway access, an oversize parking lot and complementary neighbors will likely provide it a good deal of protection from increased competition for some time.
Market Competition and Expansion:
New owners will seek to continue with the business model that has served this salon so well for over 5 years. That said, they will seek to continue to bolster the automatic electronic fund transfer program, while launching an aggressive advertising and marketing campaign to further solidify the loyalty of existing and former customers, but also to introduce the salon and its varied services to new clients. In addition, while the current owner is not an advocate of UV free indoor spray tan booths (e.g. Mystic Tan), many salon owners have found them to be profitable investments; as such, new owners may seek to evaluate such an acquisition.
Reason for Selling:
Personal
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: