Magnificent Full Salon Suites-SO PERFECT!

Plano, TX (Collin County)

Magnificent Full Salon Suites-SO PERFECT!

Asking Price:$1,335,000

Cash Flow:$354,420

Gross Revenue:$1,188,000

EBITDA:N/A

FF&E:$250,000

Inventory:$50,000

Established:2004

Magnificent Full Salon Suites-SO PERFECT!

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Business Description

This is the most SPECTACULAR AND DIVERSE FULL SERVICE SALON SUITES AND SPA WE HAVE EVER OFFERED.

This Salon & Spa provides their clients with the highest degree of customer service in an enjoyable, and beautiful setting. They offer the best salon and spa services. Whether it is a new hair style, a spa pedicure or a relaxing massage, this business has it covered.

Location is always talked about and how important it is, WELL THIS IS IT.
It is situated in a prime shopping center with an ideal spot. There is plenty of parking, and visibility is,,,, WOW! The average income for the area is $250,000 to $400,000. The owner of the property can also make more room available in the future, if the business wants to expand.

Let’s talk about services. The professionals that are here are the Best Hair Stylist, Color Specialist, Skin Care Specialist, Massage Therapist and & Estheticians.

Just some of the services and procedures performed are:

• Shampoo
• Cut
• Styling
• Deep Conditioning
• Updo
• COLOR
• STRAIGHTENING
• Waxing
• Pedicure
• Manicure
• Full Set
• Pink & White Set
• Spa Pedicure
• Gel/Shellac
• Polish Change
• Hot Stone Massage
• Foot Reflexology
• Shiatsu massage
• Chair Massage
• Aromatherapy
• Hair Removal
• Eyelash Extensions
• Swedish Massage
• Pregnancy Massage
• Therapeutic Massage
• Keratin Complex
• EXTENSIONS

There are 13 Luxurious Suites-all leased out. Next there are 7chairs that are leased, plus 9 chairs that are on 60/40 Commission (60% to the stylist-40% to the house). Then add 4 manicure and 4 pedicure tables.
They also have amazing sales of beauty Supplies. Some are exclusive to them in the area, and all are great name products.

NO BRAINER-This is it, nothing more to want. Gross of over 1 Million per year, owner cash flow of $354,000 Plus, Great Equipment, Super products, Full Inventory, Leased out, Little to no owner participation needed. Grab this quick. It will sell fast!

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Beautiful business has approx. 4000 sq. ft. of perfectly build out space. It is located in a Fantastic Shopping Center, with a TO DIE FOR LOCATION. There is easy access from all directions, and has an estimated traffic count of over 300,000 vehicles weekly. The rent is $10,000 per month with 8 years left on current lease and it has a 10 year option. See business description for more info on layout).
Competition:
There is a little competition in the area, but none have the full services or are as established as this one.
Growth & Expansion:
Normal rate increases and possible expansion
Support & Training:
The owner will provide 2 weeks of free on-site training, as well as up to 3 months of free phone consultation on an as needed basis.
Reason for Selling:
Family situations necessitate the sale

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