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Business for Sale Summary

High End Salon and Tanning - Opportunity Sale - 27097

Business Type: retailing businesses,health/beauty/nutrition supply,service businesses,beauty salon/ barber shop,professional services,spa / dayspa,special situations,best deals!,new to market,assets only sale,tanning salon
High End Salon and Tanning - Opportunity Sale
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Financial Information (non-confidential)

General Information
Asking Price $149,900 Down Payment $149,900
Gross Revenues $125,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$149,900 Down and Possible for a qualified buyer.

Business Description

High End Salon and Tanning - Opportunity Sale. This location must be seen to be appreciated. It is in the heart of a very affluent North Shore community. It consists of 2 connected store fronts with a total of 3,000 sq. ft. One side is a high end salon with top-notch finishes (including hair washing stations, cutting stations, nail tables, pedicure stations and much more. The other side consists of 8 tanning rooms and 1 with a spray booth. This may be the the nicest hair salon you will see on the market today. The owner built this location out just about 2 years ago and spared no expense. The build out alone was over $200k. The business has shown consistent growth until two stylists recently left. The owner has other businesses and does not cut or style himself so he has decided to take a loss and sell this build out as an opportunity sale. This is ideal for someone in the industry who can bring over clients and stylists. The tanning side of the business provides a steady secondary income and is a nice addition. Even with the departure of the stylists, the business still generated approx. $125K in gross sales last year ($45K tanning/$80K salon). There is staff that would stay on. An aggressive hands on -owner can take this foundation and run with it. It is fully turn key. Nothing needs to be updated. If you have been in the industry and looking to break out on your own with minimal risk, this is your chance.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.