Modern Salon – Great Opportunity

Pizzeria for Sale
October 29, 2018
Hiring – Business Broker
November 9, 2018

Modern Salon – Great Opportunity

Salon & Spa

Business Description

Salon and Spa – Rapid Growth

Modern salon and spa located in busy shopping Plaza in heart of Flagler County. Price includes $10,000 (cost) in retail product. 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 and great opportunity for further growth
 

Asking Price:$139,900

Cash Flow:$90,755

Gross Revenue:$509,071

Lease Rate:$12 /SF/Month

Established: 2010


Detailed Information

Inventory:
$10,000 Included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
3/1/2021
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1400 square foot facility located in busy shopping plaza
Competition:
Competition cannot match the range of services offered.
Growth & 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.
Support & Training:
2 weeks at no cost
Reason for Selling:
Discuss with seller

 

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