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Upscale Hair Salon and Day Spa- Growing!! for sale in NE Tennessee, Tennessee
Upscale Hair Salon and Day Spa- Growing!!
NE Tennessee |
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Own this established, upscale hair styling salon and day spa.Business model is 50% booth rentals and 50% commissioned "house" stylists. Plenty of room to grow without additional expenditures.
From your first look at the exterior of this business and the abundant parking, to a walk through the front door...you feel like you are in a New York upscale salon where quality and service are high standards. You owe it to yourself to check this opportunity out. |
Listing Number: 1427
Arlene Sanchez-Vinas - Listing Broker
871 Sycamore Shoals Drive, Elizabethton, TN 37643
Telephone - 4235349890
E-mail -
arlenesv@capitalbbw.com
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| Category |
SERVICE BUSINESSES |
| Sub-Category |
Beauty Salons, Barber Shops |
| Asking Price |
$85,000 |
| Gross Sales |
$70,451 |
| Cash Flow |
$21,732 |
| FFE |
$40,000 |
| Inventory |
$500 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
7 - Full-Time
2 - Part-Time |
| Facilities |
Spacious leased building with very favorable lease rate and super landlord. Quality and look of leasehold improvements is awesome. 7 styling stations, 3 pedicure stations, 2 manicure stations, aesthetician station, massage room and dispensary. Comes fully furnished and equipped. Take over and earn. |
| Relocatable? |
(Is Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Business is in prime location, well known, and enjoys a great reputation. Normal level of competition. Salon serves a number of business men client offering great growth potential. Owners have recently added more booths and stylists to accommodate growth. |
| Growth Notes |
Business had not been aggressively marketed during the economic slowdown and the business suffered its share of down revenue. Trend is currently upward, in line with the generally improving market. As a result, the owners recently invested in more booths and improvement of the reception desk area. |
| Support Training |
Will stay and train for reasonable period for successful transition. |
| Year Established |
2005 |
| Financing Terms |
None offered |
| Reason for Selling |
Arrival of first grandchild in California necessitates grandparent visit. |
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