Seller's Contact Information
- RE: Profitable Salon Suite & Spa W/ Assumable 30yrLoan
- Contact: Trent Lee
- License #: S.0183611.LLC
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $537,571 | |
Net Profit: | $113 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 4 | |
BBN Listing #: | 43845142 | |
Broker Reference #: | 101-22082 |
Business Overview:
Only $100,000 down with the balance being a 30 year EIDL loan of $931 in monthly payments, the loan is fully assumable by the buyer. This hair salon suite and spa provides a wide range of hair and beauty services to clients of all ages and genders. The salon is made up of private suites and floor chairs, each of which is independently operated by experienced stylists, colorists, and estheticians who are dedicated to providing personalized, high-quality services. 14 floor chairs, 4 manicure stations, 4 pedicure stations, 8 private rooms are already rented out on weekly and daily booth rental agreements as well as. 3 rooms with hairstylists. 1 room with two manicurists. 2 rooms with aestheticians. 1 room massage therapist and lash artist, 1 room with chiropractor and massage. Roughly 70% of revenue is from booth rental, 20% product sales and 10% massage, manicure/pedicure. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away or contact listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a leased location of 3,938 square feet with a Total monthly rent of $6,929. Lease ends 04-2025 with one 5 year option. Seller is active with 1 Full Time and 3 Part Time employees. Hours of operation are 10am-6pm Monday - Tuesday and 10am-7pm Wednesday - Saturday. $2,000 in inventory included in the asking price. Cosmetology license required.
Reason for Selling:
Owner is going to start a cosmetology school.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Tattoo shop with 23 years in business
Tattoo Magic has a 23 year footprint as well as 4.7-5 rating across all review pages. The studio is decked out from head to toe, with low overhead and fixed rent. The building is under a trust for the next 20 years. The business is for sale and turn key. About 1000sqft, private parking lot, high visibility and a few miles from Travis ATB. Owner and Artist is relocating out of state.
Great Side Business Low Maintenance - Austin
We have a successful teeth whitening salon. The business is making a profit already!! Lots of growth potential. Fantastic online reputation.