Beauty and Wellness Spa Servicing Upscale Suburbs of Cleveland

OH

Beauty Wellness Salon Spa

Asking Price:$1,400,000

Cash Flow:$318,000

Gross Revenue:$1,635,000

EBITDA:$258,000

FF&E:$808,000

Inventory:N/A

Established:N/A

Beauty and Wellness Spa Servicing Upscale Suburbs of Cleveland

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Business Description

This Beauty and Wellness Spa (BWS) is providing Hair/Nail, Skin Care/Massage, and offers hospitality services. BWS has established itself as a destination for consumers looking for a relaxing Beauty Experience. As part of its hospitality services BWS offers an intimate Bar-Grill with a sophisticated selection of wines which make it a destination place for customers who are looking for a relaxing experience in the center of a premier shopping center of an upscale suburb. These objectives are articulated as follows:
"Our Mission is to provide you the most relaxing and memorable experience possible. Our experienced staff offers an atmosphere where you feel and look your best."
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Enterprise Development Resources, Inc. makes no warranty or representation in connection with the information provided herein. Participants are responsible for their own representations and due diligence.
Elias E. Ladon is a Registered Investment Banking Representative. Any securities transactions will be conducted through RWI LLC.
Any Real Estate transactions will be conducted via Eranco Associates Real Estate Division.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities have a lot of leasehold improvement to accommodate the services of this business.
Competition:
This is Beauty and Wellness business is a niche business. However a significant portion of this business (around 60%) comes from Hair/Nail Services and Retail products. The post 2008/2009 recession eliminated many of the weaker competitors in the Salon/Nail business. Nonetheless there is plenty of Salons offering these services. This Beauty and Wellness business has competitive advantages viz-a-vi its smaller competitors not able to offer the breadth of service options and packages.
Growth & Expansion:
This Beauty and Wellness business is offering opportunities that could be capitalized by the by the new Buyer to implement growth initiatives.
Support & Training:
Seller and staff will train Buyer as to be agreed by the parties to the transaction.
Reason for Selling:
Pursuit of other business opportunities.

Listing Statistics for Premium Members

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Elias E. Ladon

Business Listed By:
Elias E. Ladon

Enterprise Development Resources, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the Ohio Business Brokers Association (OBBA).

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