Business Description
Salon and Spa – Rapid Growth
Modern salon and spa located in Busy Shopping Plaza in heart of Flagler County. Price includes $10,000 (cost) in retail product. Seller works only 20 hours per week (management duties) and does not cut hair. Buyer who can cut hair or provide other cosmetology services can add to owner benefit. Low lease in place with option to extend. Business is trending up and opportunity is excellent for full time owner. Great website allows for online appointment booking. Excellent staff in place and great opportunity for further growth
Asking Price:$139,900
Cash Flow:$90,755
Gross Revenue:$509,071
Lease Rate:$12 /SF/Month
Established: 2010
Detailed Information
- Inventory:
- $10,000 Included in asking price
- Real Estate:
- Leased
- Building SF:
- 1,400
- Lease Expiration:
- 3/1/2021
- Employees:
- 8
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- 1400 square foot facility located in busy shopping plaza
- Competition:
- Competition cannot match the range of services offered.
- Growth & Expansion:
- Business is strongly trending up with over 40% growth in revenue for the last two years. Owner works only part time and performs only management duties. A full time owner could add to the already impressive growth.
- Support & Training:
- 2 weeks at no cost
- Reason for Selling:
- Discuss with seller
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