Seller Financing Available
30 Year Old Stylist and Spa /Salon - Cash Flow $185K on $1,150,000
2013 Cash Flow was $220K, 2014 is up another $40K - Rent is Down.
Denver County, CO
IT IS $48,000/YEAR "LESS" THAN WHAT SHE HAS BEEN PAYING THE PAST 5 YEARS!!
We have excellent and comprehensive sales packets/data rooms that we will immediately email you upon receipt of this completed Confidentiality Agreement (CA) in this secure web link http://companybroker.com/buyer-profile.htm
Please email Paul@companybroker.com or call Paul at 303-382-1900 for a comprehensive sales packet with the past 4 years of CPA financials and tax returns, and a detailed 30 minutes video interview with the owner and a full site walk-through. We can immediately email the sales packet.
All "commission-based", not booth-renters
Location: North Denver, Colorado.
We are 100% "commission-based", no booth-renters.
2011 Cash Flow was $171,792 on $1,151,704
2012 Cash Flow was $111,048 on $1,151,035 in Sales.
2013 Cash Flow was $185,797 on $1,150,000 in sales.
For Sale: 30 Year Old Stylist and Spa /Salon 2014 Cash Flow Will Be Over $200K/year. Seller Financing Available.
Sales Price - $270,000 - The seller will carry up to 1/2 of the sales price for a qualified buyer.
2013 Cash Flow over $185K, BUT.. 2014 Cash Flow WILL be over $200,000 once the new owner implements the many of the new ideas the current owner has. 2015 should be $250,000-$300,000.
We do it "ALL":
We do every spa treatment imaginable: Facial Peels, microdermabrasion, therapeutic massage, body treatments, laser hair removal, couples treatments, spa packages, wigs and extensions and waxing. Bridal parties, gift certificates, Brazilian Blow-outs.
The seller has invested over $400,000 (documented) in to the business operation over the past 5 years. Today the 18-booth shop is state-of-the-art and literally an "A++" looking facility. This includes $150,000-$200,000 in the newest and state-of-the-art treatment machines, spa beds, several $10,000 tubs, microdermabrasion machines, etc.
During the past 3 years the seller as reinvested almost 100% of all free cash flow back into the salon to make in what it is today.
Location, Location, Location... We are in North Denver, COLORADO
We have a comprehensive database of 54,000-plus solid and long-standing customers that have come to our location over the past 30 years. This IS the main asset of the sale. The new owner need NO industry or technical experience, but should have a solid sales, marketing and business mind.
The seller has created the GREATEST WORKING ENVIRONMENT POSSIBLE. Please please please you must see the dozens and dozens of awards, merits, commendations and letters of incredible reference.
Anyone who has owned a business or has managed people in the past would do substantially better that the current owner.
Reason for selling.. The seller is burned out after 18 years of ownership. (The salon is 30 years old, and she bought it 18 years ago.)
We are the highest-end salon in the region. We have 12 of the best stylists in the metro area and the customers just keep walking in. We do $600 hair extensions, average $220 cut and colors. Our average ticket or job is over $300 per patron, which is way above industry average. Again, we do this well because we have the best stylists and are smack in the middle of the richest community in Colorado. Our customers want the best products and services and they will pay top dollar for them. In fact, 90%-95% our out customers buy our highest-end retail products. They are not at all price-sensitive...
The owner estimates that the new owner will immediately cash flow between $250,000-$300,000 per year after the new structures are in place.
Also another area to immediately increase cash flow and gross sales is hiring 3-4 more full-time stylists. We have 12 chairs to handle 18 FT and PT stylists and we just have 12 on the floor. This means we would immediately have another 33% increase in gross sales and another 4 more stylists selling our fast-selling, high-end retail products. This place is a cash cow and any stylist would kill to have a "chair" in this lucrative community. For all these reasons, the seller strongly feels that a motivated new owner with vision, energy, drive and a strong sales and marketing background would cash flow $250,000-$300,000 within 1-2 years.