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The Wall Street Journal Online

Upscale Hair Salon and Day Spa- Growing!!

Ne Tennessee, Tennessee (Sullivan County) (Relocatable)

Photo Available
Asking Price:
$70,000
Gross Income:
$82,000
Cash Flow:
$32,000
FF&E:
$40,000.00 *
Inventory:
$500.00 *
Real Estate:
$0.00 **
Year Established:
2005
Employees:
7
Business Type:
Beauty Salons, Barber Shops

** not included in the asking price

* included in the asking price

Business Description

Own this established, upscale hair styling salon and day spa.Areas premier salon. Business model is 50% booth rentals and 50% commissioned 'house' stylists. Plenty of room to grow without additional expenditures.
From your first look at the exterior of this business and the abundant parking, to a walk through the front door...you feel like you are in a New York upscale salon where quality and service are high standards. You owe it to yourself to check this opportunity out.

Detailed Information

Facilities:
Spacious leased building with very favorable lease rate and super landlord. Quality and look of leasehold improvements is awesome. 7 styling stations, 3 pedicure stations, 2 manicure stations, aesthetician station, massage room and dispensary. Comes fully furnished and equipped. Take over and earn.
Competition:
Business is in prime location, well known, and enjoys a great reputation. Normal level of competition. Salon serves a number of business men client offering great growth potential. Owners have recently added more booths and stylists to accommodate growth.
Growth/Expansion:
Trend is currently upward, in line with the generally improving market. As a result, the owners recently invested in more booths and improvement of the reception desk area.Adding a skin care line
Financing:
Potential partial financing to qualified, serious buyer.
Support/Training:
Will stay and train for reasonable period for successful transition.
Reason Selling:
Arrival of first grandchild in California necessitates grandparent visit.
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Arlene Sanchez-Vinas
CAPITAL BUSINESS SOLUTIONS

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Ad#: 652100

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