Salon For Sale
Union County, NJ
Established Salon/Spa for Sale. Recently remodeled, providing an inviting, serene, and professional atmosphere for our clients. Current staff of seven includes: 4 creative and talented stylists (including owner), a knowledgeable esthetician/nutritionist, a highly-efficient and friendly receptionist, and a loyal, caring assistant - each offering impeccable service to our long-standing clientele. 22 years in prime location with plenty of parking. Owner looking to retire, but will stay on with negotiated terms.
Established Cosmetics Boutique + in-store Spa + online store
Located in a strip mall with 28 national retailers
Boutique retailer of luxury cosmetics, skincare, fragrance, bath & body products as well as in-store spa concept all in one place. Located in a strip mall with 28 national retailers in a very wealthy area of Morris County New Jersey. Very reasonable rent. 6 years still on the lease with an option to renew in 1 year. Day Spa is 23% of sales. A lot of room for growth. (medi spa, laser, injectables etc). Going at 20% yearly.
Brick and mortar:
1) Location - We are located in shopping plaza with 28 national retailers, some of them include Ann Tailor, JCrew, White House Black Market, Banana Republic, GAP and more.
2) Demographics - The Chester area is a high income area with median household income over 150K / year.
3) Established store - Our 2200 sq ft store operating in the mall for more than 3 yeas and have a loyal established clientele.
4) Competition - There are no competing retailers in 10 mls radius.
5) Brands - Smashbox, Kevyn Aucoin, Bare Minerals, Jane Iredale, BECCA, Fresh, Bliss, L'Occitane, REN, Caudalie, Philosophy, Peter Thomas Roth, La Vanilla, Mario Badescu, Dermalogica, SkinCeuticals, Dr. Dennis Gross, Anthony, CREED, L’Artisan, Penhaligon’s, Frederic Fekkai, Phyto, Molton Brown, Diptyque, Tocca, Lafco and many more.
6) Exclusive rights - We have favorable lease terms including an exclusive right to sell such products in this shopping center.
7) In Store spa - Two treatment rooms (with possibility to expand) where we offer a wide spectrum of spa services including massage.
8) 5 stars service - We have 5 star yelp reviews which is unmatched by any competition that itself is very limited in the area.
1) Growing on-line sales.
2) One of the best looking e-commerce sites.
3) Contracts and permissions to sale most of the brands on line. (Very Rare!!!)
4) Social Media Presence
5) Optimized for SEO
6) Tons of product video reviews
Lush Tanning Salon Lounge For Sale
Recently Renovated Salon For Sale
Serious Inquiries Only. Selling business because I have another primary business and it is about to be busy season. I will entertain any serious cash offer and I am willing to make a deal asap.
2014: $113,293 (health spa added mid year)
2015: $107,100 (Partner fall out early 2015, no maintenance was done with Ad/Marketing)
2016: ~$25,000 1/1-4/1
at 75% of gross income sell price should be around .75x (6 year average) = 92,000
2.5 times average profit over last 6 years comes to 2.5 x 45,000 = 135,000
2.5 times profit last year (which was a down year because of partner disputes) 2.5 x 24,250=$72,750
Average of all interpretations: $99,916
These are the different interpretations of the valuation of the business, not considering the cost to fit out this business, recent investment (~50,000), value of equipment, customer base, etc.
Pricing this for sale at $65,000 is a steal.
Monthly Expenses Total:
Includes: Utilities, bulbs, new products, advertising and marketing, payroll, mgmt, general supplies and misc expenses, lease payments, insurance
With the health spa added recently and dedication this business has the potential to be doing well over $175,000 yearly.
Recently renovated tanning salon for sale. (8) premium recently refurbished beds, newer and high end models. (1) Norvel Auto Revolution Spray Tanning Machine. Full Health Spa: Teeth Whitening, Red Light Therapy, Fit Body Wrap, Hydration Station, and Oxygen Bar, all BRAND NEW and fully operational. Huge selection of newest inventory. Business was founded 8 years ago and has been profitable since it opened. Business was sold recently due to a dispute with the partners, it was in very bad shape. A large amount of money was recently invested into the business, but the new owner purchased it as an investment to help a friend out of a bad situation. He is too busy with his full time job to operate the salon. The business is turn key, current lease expires in January 2017 and a new lease can be written without issue, it can be organized as part of closing.
There are currently two leases, approximately 2300 sf total, ~$1675 for the main salon, and ~$675 for the health spa. The two buildings are side by side and are connected from within. This is a high end salon located next to two major universities, Seton Hall and Kean University, near Union County College. There is a huge opportunity here.
No money is owed on salon and all equipment is paid off with the exception of the auto spray tan machine by Norvell. The machine cost 40,000 brand new, there is about $17,500 left on the lease. Monthly lease payment is $828.18, there is no interest, this was included in expenses above. The machine is in new condition and is worth around $19,000 as is. This lease must be transferred into the name of the new owner, you will need a credit score above 650 for this. Paying this lease will look great on your credit.
Turnover can happen immediately upon closing, buy this in time for the busy season!
All discussions regarding the sale of the business must be under non disclosure agreement. Please include your phone number and some background information establishing credibility that you are a serious buyer and this is within your price range. This is a beautiful property and a gorgeous salon. It comes ready to go, it doesn't need any work at all!
Upscale, Family Owned and Operated, Tanning Salon for Sale!
A rare opportunity: A fully loaded, upscale, turn-key Tanning Salon!
NEW CARPETS, WOOD LAMINATE FLOORING, and tanning bed ACRYLICS just COMPLETED. This is a rare opportunity for someone to take over a turn key business and thrive. This salon comes loaded with 12 UV tanning beds(5 Levels), 1 Mystic Sunless unit, and over 13,000 customers! Suitable for someone either looking to work the business or manage from home. A family owned business since 2004, you can feel relaxed knowing that we are as good as it gets when it comes to tanning salons. Bellissima Tans offers a tanning experience unsurpassed by any other and created with the discriminating tanner in mind. We are committed to providing every one of our clients with superior service, tanning equipment, and most importantly, results.
Bellissima Tans is eager to introduce tanners to a unique full-service experience which includes:
Sun Ergoline Beds-The best tanning equipment in the industry!
Mystic Spray Tanning-Enjoy a beautiful, natural looking tan that is UV free!
Tanning Lotions-We carry the largest selection of tanning products in the area!
Located on Gordons Corner Road in the Yorktowne shopping center, minutes from Route 9 and Union Hill Road, Bellissima Tans is a refreshing and unique tanning salon. The minute you step inside you will feel a sense of serenity created by our calming, upscale decor.