Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price	$148,000	Inventory	$10,000*
Gross Income	$490,455	Real Estate
Cash Flow	$58,786	Year Established	1995
FF&E	$20,000*	Employees	11 Ft, 2 PT

* included in the asking price

** not included in the asking price

This lovely salon and spa has a well established clientele and excellent staff. The sales have steadily increased. The salon is not only profitable to an owner working behind the chair but also to someone who simply wishes to manage it or work in a related field. A buyer who is a licensed facialist or message therapist would have an excellent chance to grow the spa business. However, an unlicensed owner can also make a good income.

Facilities: The business is located in a very desirable residential, commercial and academic setting. The strip center is well maintained and visible from several directions on a major intersection. The gross lease was renegotiated and is currently $2529 expiring October 2010. The salon has 10 style stations, several spa rooms, a dispensary and laundry room.

Competition: This is a rare location with no other salons in the immediate area.

Growth/Expansion: The buyer might want to consider purchasing a salon system. This would give the buyer a chance to capture more data and do direct marketing to the well established existing customer base. There are several new large commercial buildings in the area that might be solicited for new clients.

Financing: Seller will finance $37,000 at 9% for 36 months

Support/Training: Seller willing to provide 80 hours of training immediately following the closing

Reason Selling: Retirement