Upscale Salon and Day Spa
Location: Nevada > Washoe County > Reno/Sparks
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $80,000
Gross Revenue: $94,500
Cash Flow: $16,000
Inventory: $16,000 (Included in Asking Price)
FF&E: $87,000 (Included in Asking Price)
Seller Financing: With 50% down, the Seller will carry the balance of the purchase price to a creditworthy Buyer.
Business Summary
This opportunity is a diverse business specializing in hair and nail care; clinical skin care facials; a variety of body treatments; and, a wide array of retail sales of beauty products. The Spa is very upscale with 3,280 square feet of beautifully decorated space. The waiting area is spacious and confortable and includes an extensive beauty products display area and large service counter. The facility features private maincure and pedicure rooms in addition to individual rooms utilized for specific body treatments. The balance of the space features individual hair cutting and shampoo stations; a large office; kitchen; and, laundry facility. A high density residential area surrounds the Salon which is located in a high-traffic commercial shopping center with easy access and substantial parking. The Salon is open Tuesday thru Friday from 9:00 a.m. until 6:00 p.m. and Saturday from 9:00 a.m. until 5:00 p.m. The Owner and independent operators have established a loyal clientele who can relax and enjoy their personal experience in beautiful and restful surroundings. A visit to this location is necessary to appreciate it's appeal. The current owner lacks the necessary capital to implement a targeted plan that would move the Business to the next level. This Salon is an excellent opportunity for a Buyer with a solid business plan. With 50% down, the Seller will carry the balance of the purchase price to a creditworthy Buyer. The Seller will provide orientation and training in the operation of the Buisness, included in the purchase price.
About the Business
Year Established: 2004
Employees: 4 full time - 13 part time
Facilities: The Spa is very upscale with 3,280 square feet of beautifully decorated space. The waiting area is spacious and confortable and includes an extensive beauty products display area and large service counter. The facility features private maincure and pedicure rooms in addition to individual rooms utilized for specific body treatments. The balance of the space features individual hair cutting and shampoo stations; a large office; kitchen; and, laundry facility. A high density residential area surrounds the Salon which is located in a high-traffic commercial shopping center with easy access and substantial parking.
Market Outlook and Competition: The Owner and independent operators have established a loyal clientele who can relax and enjoy their personal experience in beautiful and restful surroundings. A visit to this location is necessary to appreciate it's appeal. The current owner lacks the necessary capital to implement a targeted plan that would move the Business to the next level. This Salon is an excellent opportunity for a Buyer with a solid business plan.
About the Sale
Management Training and Support: The Seller will provide orientation and training in the operation of the Buisness, included in the purchase price.
Reason For Selling: The seller is involved in other activities.
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Listing Tools
BizQuest ID:904092
Seller ID:08-723100-05
Business Listed By
Name:Mary Lou McDonagh
Company:Reno Business Brokers
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.