Experience luxury and success, with this turnkey hair salon, seamlessly transitioning into a tranquil day spa oasis. Nestled in a desirable area, along with ample parking, this 20-year-old establishment offers 4 private spa rooms, evoking the serenity of a vacation getaway. Immerse yourself in a business poised for prosperity, complete with a dedicated team, ready to continue its legacy. Act now to seize this rare opportunity, as the owner is semi-retiring, but willing to stay if needed. With everything in place and nothing more to add, this gem will sell quickly. Don't miss out on the chance to own this thriving salon and spa in a prime location.
- Asking Price:
- $129,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $300,000
- Cash Flow:
- $65,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $7,500.00
Square Units (Foot, Meter): 3,500
- Premises Details:
-
FF&E Overview: All in excellent condition
FF&E General Condition: Excellent
Business Operation
- Expansion Potential:
-
In 2023, the spa and salon industry witnessed a remarkable boom, projecting a 30% growth over the next five years. This surge can be attributed to the perpetual desire of individuals to enhance their appearance and well-being. With an increasing focus on self-care and holistic health, spas and salons offer a sanctuary for relaxation and rejuvenation. Advancements in technology, coupled with innovative treatments and personalized experiences, have attracted a diverse clientele. Additionally, the growing awareness of the importance of mental and physical wellness has spurred demand for specialized services. As a result, the industry is poised for sustained expansion, catering to the enduring quest for looking and feeling good.
- Reasons for selling:
-
semi retirement
- Employees:
- 9
- Years established:
- 2005
Other Information
- Support & training:
-
Training Support Included
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Terms: $29,000.00
- Furniture / Fixtures value:
- $50,000 - included in the asking price
- Inventory / Stock value:
- $18,000 - included in the asking price
