High End Spa & Salon *Price Reduced* - 31207

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$200,000 $514,832

Services: Hair, Nails, Spas, Tanning


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RE: High End Spa & Salon *Price Reduced* - 31207 Broker: Vested
Owner Financing is Available!
$100,000.00 Down & $100,000 at 6% over 35 months.

Quick Facts

Asking Price: $200,000
Annual Revenue: $514,832
Net Profit: Not Disclosed
Cash Flow: $82,240
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 34404447
Broker Reference #: 31207

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Business Overview:

High End Salon & Spa - Well Established. *PRICE REDUCED* They are open only 6 days - closed Sunday. Established for 13 years with the same owner/operator, this is a full service salon and spa. They offer an 1800 sq. ft space that is half salon and half spa. They offer everything from facials and massages to spray tans and threading. The owner is looking to retire from full time ownership. The business is fully staffed (3 F/T and 9 P/T employees) and the owner only sees 8% of the overall clientele right now, working 2 days per week. She is happy to stay for a reasonable training and transition period, post closing. You are buying a great reputation, tremendous goodwill, and solid profits. In the past year, the business grossed approx. $514,832.00 (80% salon and 20% spa) with a net income of approx. $82,240.00. In addition, they have their own private label collection as well as some very exclusive product lines. The facility is well-appointed and tranquil, but also includes a video camera system and state-of-the-art software program that manages everything from appointments to payroll and inventory. In fact, a retail boutique was added in 2016. We are looking for a serious and financially qualified buyer with at least $120K in liquid capital to cover the downpayment, inventory, and working capital. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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