Full Service Beauty Salon

Not Disclosed, WA
Clark County

Asking Price: Annual Revenue:
$250,000 $671,799

Manufacturing: Beauty, Medical Products

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RE: Full Service Beauty Salon Broker: Claudia Smith

Quick Facts

Asking Price: $250,000
Annual Revenue: $671,799
Net Profit: Not Disclosed
Cash Flow: $91,456
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 9
BBN Listing #: 31714955
Broker Reference #: 8002-14891

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Business Overview:

This is an opportunity to purchase a busy, high-end, full-service salon and beauty spa. This popular business has been servicing Southwestern Washington residents for over 12 years. They provide all the latest trends in personal services and advanced esthetics such as lash lifts, lash extensions, micro-blading, peels, facials, waxing, threading, nails and massage using an exclusive, environmentally responsible, high-end and high-demand product line. The location is beautifully designed to be warm and inviting and to make clients feel incredibly comfortable. This business is located in a popular and highly trafficked strip mall adjacent to a very affluent suburban neighborhood.

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Property Features and Assets:

This beautifully appointed and decorated location has a “zen-like” atmosphere with soothing colors and high ceilings to enhance the spa experience. The dramatic entrance appeals to high-end clientele. Located on a well-traveled street in a major grocery anchor community shopping center, the business has plenty of convenient free parking. The 2,600 square feet space is divided into two areas: one side are 6 beautifully appointed salon stations. On the other side are 7 available rooms: one massage/treatment room, one facial/treatment room, one wax room/treatment room, one office space, one laundry/supply room, 2 additional storage rooms that could be utilized for additional services. Along with 2 pedicure stations and one manicure station. The lease rate is: $6,084 month to month with option to renew. The landlord is amenable to a new lease arrangement. Landlord likes having the spa/salon here and is open to a new lease with a new owner. Assets= $210,000

Market Competition and Expansion:

There are two beauty salon and spa businesses located within one mile of this business, however, the professional product line this business uses sets them apart from their competition. Global spas and beauty salons market was valued at around USD 128.59 billion in 2017 and is expected to reach approximately USD 190.81 billion in 2024, growing at a CAGR of slightly above 5.80% between 2018 and 2024. Consumers are in search of places offering wellness solutions and services which can relieve stress from their busy lifestyle. The rising demand for healthy and standard lifestyles is one of the important factors fueling the growth of the market. The increasing disposable income, growing focus towards personal appearance, and availability and use of advanced techniques in spa technology are expected to boost the growth of global spas and beauty salons market. The growing suburban neighborhood this business is located has higher than average disposable income. Due to the growing population in the city, the potential for growth is huge. Also, salons stand to capitalize greatly by investing in social media marketing. The salon industry lends itself greatly to visual content, which is the most shared medium on social networks. Before and after photos and videos demonstrating techniques are great ways to draw in new customers and get your current clientele familiar with your services.

Reason for Selling:

Life is taking owners in a different direction.

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.

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