Business Overview:
This is a tremendous opportunity for an Investor or Stylist & Spa Operator to own/operate a high end salon spa with significant growth and income potential. Equipped with 2 Massage Beds, Facial Steamer, Microderm Machine and 6 Styling Stations, this Salon Spa has a complete set-up. The leasehold improvements, furniture and fixtures for a salon spa like this could easily cost $175,000.00. The Salon has exclusive rights to a private label product offering, and has an agreement for 10% royalty (negotiable) on revenue as part of the license arrangement. This salon can also be available as part of a 2 or 3 salon package purchase.
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:
2,804 square feet facility that has an elegant finish and is located in a super busy and high growth area. Just across the street from a Kroger super store that just opened this summer. This facility has 50 months left on the lease.
Market Competition and Expansion:
The closest salon spa is approximately 4 miles away. There is another hair cutter (primarily male hair cutter within 3 miles), but this is not a direct competitor.
The salon was purchased in late December and has not been marketed nor fully staffed yet. With a full staff and strong marketing, it is believed this salon could easily generate $350,000 plus in annual revenues, up from its current level of approximately $155,000.
Reason for Selling:
Owner is having health problems and needs to retir
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: