This is a well established high end salon and spa located in the Galleria area. Services include Women & men's cut, scalp massage, & blow dry, bridal chignons, perming, straightener, hair extensions, thermal hair straighteners, Brazillan blowout & Keratine treatment, & hair colour. They also do massages, manicures & pedicures with hot stones & paraffin wax hand & foot treatment. Complimentary consultation is available by appointment for make up application, lessons, & semi-permanent eyelash extension. The facilities include 8 hair stations, 8 pedicure stations, 6 nail stations, and 3 shampoo stations. Retail sales account for approximately 10% of gross revenue.
- Asking Price:
- $350,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $467,000
- Cash Flow:
- $164,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Gross rent $7,442.58. Now in five year option period starting 2-1-23.
- Location:
-
Galleria Area
- Premises Details:
-
The facilities include 8 hair stations, 8 pedicure stations, 6 nail stations, & 3 shampoo stations. 2 massage rooms, kitchen area, & restrooms.
Business Operation
- Reasons for selling:
-
Semi-Retirement
- Trading hours:
-
8 AM to 8 PM Monday through Saturday. Closed Sunday.
- Employees:
- 10 + Owner
- Years established:
- 2015
Other Information
- Support & training:
-
As needed
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$125,000 cash down, Seller Note for $225,000 payable over 5 years at 6% interest = $4,349.88 PM.
- Furniture / Fixtures value:
- $80,000 - included in the asking price
- Inventory / Stock value:
- $20,000 - included in the asking price
