Busy Salon and Spa Orange/Chatham County NC

Not Disclosed, NC
Orange County

Located near medical center and major university.

Asking Price: Annual Revenue:
$124,900 $404,000

Services: Hair, Nails, Spas, Tanning

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RE: Busy Salon and Spa Orange/Chatham County NC Broker: Ray Canoy

Quick Facts

Asking Price: $124,900
Annual Revenue: $404,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 138642458
Broker Reference #: Not Disclosed

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Business Overview:

Business Description: Well established Day Spa and Salon in excellent area offered for sale. This business is located in close proximity to major universities and medical centers. Why go through the aggravation of searching for and creating a space when this location and accouterments are available in a great location with plenty of parking. Services offered by this spa are: hair design, massage, skin care, manicures and pedicures, makeup, and wedding services. While offering these services to a loyal clientele this opportunity has shown a phenomenal growth in revenues from $176,867 to $400,000 plus over the last three years.
Selling Price = $124,900 New Equipment Investment Installed Over = $5,000

Strengths: Personalized Customer Service and Commitment to quality with a large, stable clientele base
Skilled hair designers and highly educated staff trained in all the latest trends featuring a supporting line of high quality hair color and
hair care products.
Equiped for and staffed with busy nail care professionals
Waxing, makeup,facials, body treatments services are also offered.

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Property Features and Assets:

The Transaction: This offering is a straight cash sale. The reason for the sale is un-expected physical issues. The attractive selling price is $124,900 which includes all fixtures and equipment. New equipment purchases made within the last year of over $5,000 is supported by paid invoices and included in the offered price.

Market Competition and Expansion:

Markets: Very prestigious housing developments are located in close proximity. The area population includes a growing influx of professionals with disposable income coupled with the influence of major, near-by universities and medical centers.There is plenty of parking.

Reason for Selling:

Medical Issues.

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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