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Business for Sale Summary

High End Salon & Spa - Hamptons - 23793

Business Type: retailing businesses,health/beauty/nutrition supply,service businesses,beauty salon/ barber shop,spa / dayspa,special situations,best deals!,new to market,seller financing available
Owner Financing
High End Salon & Spa - Hamptons
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $200,000
Gross Revenues $473,238 Lease Remaining Register Free to View
Owner’s Cash Flow $229,083 Number of FT Employees Register Free to View


$200,000 Down and $150K over 3 yrs. @ 6%

Business Description

High End Salon & Spa - Well Established. They are open only 5 days - closed Sunday and Monday. Established for 14 years with the same owner/operator, this is a full service salon and spa, not just a massage table placed in a closet. They offer an 1800 sq. ft space that is half salon and half spa. They offer everything from facials and massages to spray tans and threading. The owner is looking to retire from full time ownership, but happy to stay for a training and transition period and even as an employee or consultant going forward. You are buying a great reputation, tremendous goodwill, and solid profits. In the past year, the business grossed approx. $450,000.00 with a net income of approx. $229,083.00. In addition, they have their own private label collection as well as some very exclusive product lines. The facility is well-appointed and tranquil, but also includes a video camera system and state-of-the-art software program that manages everything from appointments to payroll and inventory. We are looking for a serious and financially qualified buyer with at least $200K in liquid capital to cover the downpayment, inventory, and working capital. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.