Rare Acquisition Opportunity – Midwest Based Premier Hair Salon & Day Spa For Sale. $8.9 Million in Revenue and over $1 Million in SDE. Bank Financing Available.
This award-winning salon & spa has continued to grow through expansion of its products, services, facilities, and amenities to support growing demand in the industry and its loyal customer base. The Company operates with a strong employee base, multi-location presence, and has retained a tenured staff of stylists, aestheticians & massage therapists, nail technicians and core leadership team. This is a significant advantage in the industry and has been a driving factor in its profitability and ability to offer a premier full-service salon & spa experience. This independently owned salon and spa is not affiliated with a franchise.
Ownership is ready to work with a new owner on a transition and integration plan that fosters revenue growth and materially increases the financial results of the company.
The purchase price will be negotiated once the buyer receives and reviews the pertinent information on the business. The real estate is also available for sale at a price of $7.1 million (this price is supported by recent appraisals). If the buyer purchases the real estate, the combined Owner’s Cash Flow exceeds $1.5 million!
Potential buyers must be able to demonstrate that they have at least $800k of liquid assets on hand to purchase the business and $1.5 million on hand if they plan on purchasing the real estate as well.
This is a rare opportunity for someone with extensive industry experience to own a truly premier and highly profitable salon & spa or for a strategic buyer to add this opportunity to their existing portfolio.
Sunbelt Listing ID: 52690
- Listing ID:
- 52690
- Industry:
- Service
- Location:
- Undisclosed > Midwest
- Revenue:
- $8,907,800
- SDE (Cash Flow):
- $1,087,856
- Listing Agent:
- Randy Krivo
- Employees (Full-Time):
- 114
- Reason for selling:
- Retirement
- SBA Financing Available:
- Yes