Modern Salon/Spa - Growing

Not Disclosed, FL
Flagler County

Busy Shopping Plaza

Asking Price: Annual Revenue:
$139,900 $509,071

Services: Hair, Nails, Spas, Tanning

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RE: Modern Salon/Spa - Growing Broker: Anthony Rigney
License #: CQ1055334

Quick Facts

Asking Price: $139,900
Annual Revenue: $509,071
Net Profit: $90,755
Cash Flow: $90,755
Total Debt: Not Disclosed
FF&E: $9,700
Real Estate: Not Disclosed
Year Established: 2011
Employees: 8
BBN Listing #: 503954044
Broker Reference #: 778-18010

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Business Overview:

Modern salon and spa located in busy shopping Plaza in heart of Flagler County. Price includes $13,000 in consumables and retail inventory. Seller works only 20 hours per week (management duties) and does not cut hair. Buyer who can cut hair or provide other cosmetology services can add to owner benefit. Low lease in place with option to extend. Business is trending up and opportunity is excellent for full time owner. Great website allows for online appointment booking. Excellent staff in place.

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Property Features and Assets:

1,400 square foot facility located in busy shopping plaza. Low rent $12/square feet per year.

Market Competition and Expansion:

Business is strongly trending up with over 40% growth in revenue for the last two years. Owner works only part time and performs only management duties. A full time owner could add to the already impressive growth.

Reason for Selling:

Discuss with Seller.

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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