High-End Luxury Full-Service Salon & Spa

Not Disclosed, WA
Pierce County

Prime


Asking Price: Annual Revenue:
$125,000 $769,360

Services: Hair, Nails, Spas, Tanning


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RE: High-End Luxury Full-Service Salon & Spa Broker: Charles Morningstar
Owner Financing is Available!
With sufficient down and Seller's approval of Buyer as borrower.

Quick Facts

Asking Price: $125,000
Annual Revenue: $769,360
Net Profit: Not Disclosed
Cash Flow: $97,695
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 18232903
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This salon and spa is an established business which has been operating successfully for eight years and 2022 annualized revenue projections are just over $1M! The business has efficiently leveraged its strong brand value, operational track record, and outstanding client experience to drive high volumes of repeat bookings from satisfied clients. The business offers ample growth potential within its existing premises and geographical markets through the expansion of its team and service capabilities. The business is the only full-service salon and spa in its community, offering hair services, professional make-up services, and spa services respectively. Its service offering resonates with a captive market across multiple demographics and income bands – particularly clients with high disposable incomes. If you are interested in learning more about this business, please complete the required non-disclosure agreement (NDA).

Charles Morningstar with Sound Business Brokers will follow-up with you when your NDA has been received.

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Property Features and Assets:

Facility is leased. Beautiful location occupying 3,000 square feet. The business has laundry, break room, front room waiting area with fireplace, private 3 spa rooms, big open industry looking 9 chair hair area. Huge windows floor to ceiling in vaulted front rooms and hair areas. Located in shopping center with fountains, clothing, restaurants, coffee, high end clothing, yoga and medical buildings. This area has the most walk in business the owner has ever experienced! Prime location.

Market Competition and Expansion:

Competition has always been a part of the industry. There are other “hair salons” in the market, but only three are considered true competition. They are not located in the same community but are operating within the same market footprint. This salon is the only full-service salon and spa specifically located in its own community. Have a big recruiting plan. Double/triple book the chairs. Depending on the stylist schedule. For example, have working operation hours be from 8:30 am-9pm, a stylist can work 8:30 – 3:00, second shift 3:30-9, each person gets 6-hour shift. It is not too long and the business can maximize the efficiency and capacity of the space. Be open 7 days a week.

Reason for Selling:

New career and family.

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.

Relevant Links:

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