Business For Sale Listing 143920
Full Service Valencia Day Spa & Beauty Salon
Status as of Dec-2-2008 at 06:01 PM: Off The Market
Business Summary
This well established semi-absentee run Day Spa and Hair Salon offers its discerning clients a full suite of beauty care services including facials, waxing, microdermabrasion, massage, high-end hair care, as well as a top of the line retail product offering. While this turn-key operation is superbly run, it still offers prospective buyers a great deal of upside potential as the owner is semi-absentee, and not managing the business to its full potential.
This 2,000 square foot facility comes with a lease that has two remaining five year options, and should be offered to qualified buyers at an unbeatable rate of approximately $6,000 per month including common area maintenance (CAM), with cost of living increases every 2 years. The sale will include over $170,000 in inventory and equipment, as well as the benefit of the Seller's nearly $300,000 in facility improvements.
Valencia has a number of top notch day spas, medical spas and hair salons, however, few (if any) competing salons will be able to boast the 12,000 person client base, the employee tenure, the ideal location, or the fantastic lease rate that this business offers.
New owners will seek to ensure that all hair stations are occupied, that market rate rents or commission splits are charged to technicians, and most importantly, that the overall operation is being aggressively marketed to existing clients and prospective new clients to continually increase the salon's throughput. New management may also seek to explore adding entomology treatments and body wraps, and if the landlord permits it, high margin medical spa services such as injections or laser hair and vein removal.
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Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (880,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (145,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand (149,500) |
