Profitable Beauty Supply, Hair and Skincare Salon in Spokane

Spokane, WA (Spokane County)

Profitable Beauty Supply, Hair and Skincare Salon in Spokane
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Asking Price: $200,000

Cash Flow: N/A

Gross Revenue: $350,000

EBITDA: N/A

FF&E: $25,262

Inventory: $65,000

Rent: $3,300 /Month

Established: 1999

Profitable Beauty Supply, Hair and Skincare Salon in Spokane

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Business Description

Beauty Salon - $200,000. This is a perfect opportunity to own your own business!

Are you tired of renting or working for others? This well established, successful hair salon on the south hill of Spokane has been in the community for over 20 years.

We have a well-established, loyal clientele, great personnel and an awesome location! This salon offers high end services specializing in everything from, women and men’s haircuts and color, children’s haircuts, bridal, prom and special occasion hair styling, braiding, up do’s and more! We also offer waxing and advanced skin care services. We carry a large selection of professional hair and skincare products.

The salon is employee based. Currently there are 3 newly remodeled stations and a newly remodeled private esthetics room used for a variety of waxing and skin care procedures. We sell only professional lines, sell to the public, and we care about our environment by being the only salon with a refill bar to refill products at a 25% discount, thus reducing waste in our landfills. We are hair and skin care specialists who care for our community and our environment!

The minute you walk in, you will see the care and pride that the current owners take in this business. Providing quality service and products is their goal, and they certainly succeed in both areas.

This business is ideal for either someone currently in the industry, for a hairstylist renting a booth wanting to own their own salon; or for someone looking to change careers and wanting to acquire a small business with stylists already in place. This could also be a very strong acquisition for an existing salon operator seeking additional growth concept. This well-established business is fully stocked, a turnkey opportunity!

Location: Spokane, WA
Asking Price: $200,000
Real Estate: NNN Lease
Building SF: 1500
Inventory: $65,000.00 Included in asking price
F, F & E (Furniture, Fixtures, & Equipment): $25,262 Included in asking price.

Support & Training: The owner is willing to work with and train new owner if needed?

Interested parties: Purchaser must obtain their own financing and sign a non-disclosure agreement.

Business purchase is contingent upon Seller approving the Buyer's personal financial statement & credit report.

Reason for Selling: Must retire for health reasons.

Detailed Information

Location:
Spokane, WA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
11/3/2021
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location: Spokane, WA, Real Estate: Leased NNN, Building SF: 1500, Inventory: Included in asking price Furniture, Fixtures, & Equipment (FF&E): Included in asking price. Financing: The Company is being offered for a sale price of $200,000.00. Purchaser must obtain their own financing. Business purchase is contingent upon Seller approving the Buyer's personal financial statement & credit report. Sale price includes $65,000.00 of inventory, and $25,262.00 F, F & E.
Competition:
We have been in our location over 20 years and have a well established clientele . We sell only professional lines and sell to the public. We care about our environment by being the only salon with a refill bar to refill products at a 25% discount, thus reducing waste in our landfills. We are hair and skin care specialists who care for our community and our environment!
Growth & Expansion:
This business is ideal for either someone currently in the industry, for a hairstylist renting a booth wanting to own their own salon; or for someone looking to change careers and wanting to acquire a small business with stylists already in place. This could also be a very strong acquisition for an existing salon operator seeking additional growth concept.
Support & Training:
Support & Training:The owner works full time and is not a stylist, but oversees general management and business operations. The owner is willing to work with and train new owner if needed.
Reason for Selling:
Reason for Selling: Must retire for health reasons.
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Business Listed By:
Pauline Lothrop

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