Prime Location Profitable Spokane Salon and Spa for Sale

Spokane, WA (Spokane County)

Prime Location  Profitable Spokane Salon and Spa for Sale

Asking Price:$195,000

Cash Flow:$74,500

Gross Revenue:$399,148

EBITDA:N/A

FF&E:$44,184

Inventory:N/A

Lease Rate:$11 /SF/Year

Established:2003

Prime Location Profitable Spokane Salon and Spa for Sale

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Business Description

Profitable Spokane Salon and Spa. Multiple Sources of Income.

This is a prime location profitable high end fully furnished, newly remodeled, Full Service Salon & Spa. Established in 2003.

Location: Great visibility & Signage, nested on one of the busiest intersections in town! Free Parking & Close to downtown.

Very profitable and turn-key Salon with a database of over 12,000 loyal Customers. Our newly launched email marketing campaign includes 1300 Subscribers & an upgraded website designed with online gift card sales. Our website, Facebook and Instagram is interacting with customers on a daily basis.

Offering an award-winning reputation with 80+ 5-Star Ratings.

This 3,900 Square Foot Salon showcases a very high end feel with the following, established layout.

A very large Lobby with reception, professionally decorated for retail and seating areas.

This salon is currently running 5 well maintained Tanning Beds (1 High Pressure) and Airbrush Tanning, with the capability of housing an additional high-pressure bed if desired, totaling 6 beds.

Currently: One conventional tanning bed has been removed and stored, in order to rent to a reputable a Medical Spa.

4 Nail Technician stations & 2 Pedicure Chairs.

5 Hair Stations & 3 Stand Behind Hair Sinks.

5 Spa Rooms (3 include Vanity Sinks & Plumbing for Spa Treatments)

2 Half Bathrooms, 1 Full Bathroom including a shower. (Great for Body Treatments)

“Kitchen” Area including a refrigerator and 2 Microwaves.

Surround Sound Stereo System

Laundry Room (Washer/Dryer on site)

This Salon & Spa structure is considered a “hybrid” business, fully staffed with commission based employees and 7 Individual renters with room to grow! There is potential to rent out each station for a great income, or run the business as is with a greater income, or taken to the next step. This salon is turn-key and business is booming.

This Salon currently advertises: Tanning, Airbrush Tanning, Sculpted Acrylic Nails, Gel Nails, Sculpted Gel Nails, Spa Manicures & Pedicures, A Full-Service Hair Salon, Body Waxing, Eyelash Extensions, Hair Extensions, Organic Facials, Microdermabrasion, Chemical Peels, Massage Therapy, Microblading, BOTOX & Injectables.

Cash flow is based on 2016 sales and lease rates.

Detailed Information

Real Estate:
Leased
Building SF:
3,900
Lease Expiration:
1/2/2023
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

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John Powers

Business Listed By:
John Powers - Business Broker

NAI Black Commercial Real Estate Service

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