Seller's Contact Information
- RE: Profitable, Established Luxury Spa & Salon
- Contact: Mark Cantey
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $990,972 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $195,122 | |
Total Debt: | Not Disclosed | |
FF&E: | 50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 19 | |
BBN Listing #: | 269955279 | |
Broker Reference #: | 24876-156393 |
Business Overview:
*Existing retail non-franchise salon and day spa.
*The Company has a full-time manager, full-time assistant manager, and has a Director of Education with an excellent apprentice program for new employee funnels
*High quality reputation in the industry, most of new business is obtained through recommendations and recurring referrals and repeat customers. Built-in Clientele, mostly working women ages 27-62.
*Beautiful and modern buildout: ~5,200 Square Feet of a free-standing building - available for lease or sale (numbers include $7k/m NNN rent - so if you bought the property biz the lease/rent would go away)
*Typically runs with about 12 full-time employees and 7 part-time employees
*No family members currently working in the Company
*Reason for Sale: Retirement of sole owner
*Currently, the Owner is not the active manager of the Company but relies upon the current managers in place to run operations
*High intentional employee training using live models for training purposes
*Industry expected to expand at higher than normal rates
*Great add-on business for existing Dermatologist or Plastic Surgeon; However, Medical experience or background not necessary; minimal licensing requirements to transition business
*Company has retained Transworld Business Advisors as its Exclusive Business Transaction Broker
*SBA preapproval pending / May Qualify for Visa
Beautiful and Seller Owned. Could be Leased or Purchased at FMV, asking price $1.1m on real property. If leased, lease will have standard inflation and escalation clause for future rent increases.
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Reason for Selling:
Retirement
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
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