Beauty Salon - Hair, Nails, Skin, Lashes

Not Disclosed, FL
Manatee County

Asking Price: Annual Revenue:
$235,000 $527,231

Services: Hair, Nails, Spas, Tanning

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RE: Beauty Salon - Hair, Nails, Skin, Lashes Broker: David Kresge

Quick Facts

Asking Price: $235,000
Annual Revenue: $527,231
Net Profit: Not Disclosed
Cash Flow: $86,810
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 8
BBN Listing #: 32184955
Broker Reference #: 1001-15549

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Business Overview:

The salon is fresh in appearance and has six chairs. Their Team provides a full range of hair, nail, skin and lash experiences. The owner sees customers as desired or to assist the Team. Associates are encouraged to sell products and are incented for their success. There is a receptionist and customers can book their appointments online. Employees have years of experience in the industry. The relationship the employees have with the customers is positive and creates a fun exciting day of work. Management's attention to the needs of their employees has enabled those employees to bring value to their clients which is creating referrals and repeat business.

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Property Features and Assets:

The Salon leases in a current looking, well maintained shopping center with a sizable core tenant. Pictures are available. The center is on a well traveled highway. The tenants around them include restaurants, a national hardware store to name a few and the ingress/egress is good. Assets=$246,000

Market Competition and Expansion:

This business is well established in this significant retail complex. The closest salon is two miles away. There is a dedicated Nail Salon close by. They are open 6 days a week with normal 9-4 or 7 pm hours. During season, they can be open 7 days a week. The year 2018 was a transition year and the Salon exceeded 2018 sales level in 2019. The potential for continued growth is through smart management skills that understands employee motivation and client satisfaction. That combination occurred in 2019 and continues into 2020. Additionally, the Salon has had product sales success and believes there is potential for even greater success with continued product sales training with quality products. Additional "specials" can be run that has only just begun. Community charity activities also has proven to be a success and brings customers into the Salon.

Reason for Selling:

These owners have several businesses.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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