Beauty Salon / Day Spa

Location: United States -> Nevada -> Las Vegas
Industry: Hair and Beauty > Beauty Salons and Barber Shops

The price has been reduced from $112,000 to $90,000. All written offers will be considered. This is an opportunity to own a beautiful & profitable Beauty Salon and Day Spa. Newly remodeled with wood/tile floors, custom made pedicure stations, recently built out massage rooms and built in surround sound with the capability to install TV monitors throughout. With the ??beautyyyy?? business being as competitive as it is this salon explores and utilizes many different marketing options to get as much as exposure as possible and the loyal/devoted staff assist personally with the promotions that have resulted in their overall success. The staff consists of 16 (non-salaried) personnel, 10 are renters, 6 are on commission, plus a receptionist who is a temp employee. It is located in the NW conveniently just off the 95 freeway. The seller is motivated to sell to spend more time with family but would like to remain with the company as a stylist. This is a true benefit to a buyer who would have the continued support of the owner, and also makes for a smooth transition of ownership when it comes to retaining other personnel. The salon features 6 Hair Stations, 1 Reflexology Room, 2 Semi-Private Nail Stations, 4 Private Nail/Pedicure Rooms, 3 Message Rooms, 1 Esthetician Room, Custom made 3 Person Pedicure Station. Sale price is $112,900. All written offers will be considered.

Financials

Asking Price Range: < $250K
Gross Revenues: $188,628
Cash Flow: $28,000
Cash Flow Type: EBITDA
Inventory: $7500 + $5500.
Seller Financing: Not Disclosed

About The Business

Year Established: 2006
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Management Training and Support: 2 weeks.
Reason For Selling: To spend time with family.