Full Service Salon and Spa in Myrtle Beach For Sale

Myrtle Beach, SC (Horry County)

Full Service Salon and Spa in Myrtle Beach For Sale

Asking Price:$159,900

Cash Flow:$74,000

Gross Revenue:$312,000





Full Service Salon and Spa in Myrtle Beach For Sale

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Business Description

Full service salon and spa located off major highway in Myrtle Beach, SC. Salon is a two level salon that includes hair design, makeup, hair removal services, massage therapy, facials, body treatments, manicures, pedicures, and spray tanning. Salon has been in business for over 8 years and has steadily grown and expanded to meet customer needs. Employees are on a commission split and a few booth renters. With 10 stations, salon has ample room for new owner to expand and all products and equipment in place to continue as a money making endeavor from day 1 for new owner.

Accounts Receivable Incl. No Real Estate Incl. No
Inventory $9,475 Incl. Yes Liabilities Incl. No
FF&E $74,849 Incl. Yes Other: Incl. No
Leasehold $62,762 Incl. Yes Total Assets $147,086

Lender Prequalified: No

Financing/Terms Amount Mos Rate Mo. Pmt.

There are other places in the area to get hair services, but no salon and spa offer all the services that this salon offers in the area. The ability to package services and plans set this salon apart from every one in the area. It has become a favorite for wedding parties, personal get-aways, among others. Being one of the longest running salons in the area has set this salon apart from the competition.

The growth for this salon and spa is limitless. With 10 stations and only 5 stylists, it would be easy for the new owner to grow tremendously by adding new employees while keep the overhead cost the same grossly increasing it profitability. An increase in marketing of packages and services is another quick way to increase sales.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

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Derrick Nunziante

Business Listed By:
Derrick Nunziante

Murphy Business & Financial Corporation-

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Sponsoring Broker:
David Cottingham

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