Salon & Spa business in Santa Cruz for Buyer with Experience
Asking Price: $150,000, 2018 Revenue $214,000 2018 Seller’s Discretionary Earnings: $107,000
This nicely furnished and decorated spa was relocated to this location in 2018 but has been in existence for about fifteen years and is well known in the area. Owners spent around $50,000 in Tenant Improvements to set up this location.
The place has two rooms for esthetician services. It has 6 hair stylist stations and two sinks for shampooing. The place is beautifully decorated and has security cameras and monitor that includes remote access for the owner.
Monthly rent is $1,710 including the NNN charges. There is ample free parking for the employees as well as clients. It is on a busy intersection with excellent street visibility.
Seller’s Discretionary Earnings is the amount of money a buyer who purchases the business with all cash and works full time in the business managing the salon and performs some of the esthetician services can make in a year.
This is an excellent opportunity to own a money-making salon and spa.
Confidentiality is extremely important. Hence all prospects must complete a Confidentiality Agreement and a Buyer Profile. Broker will review them before the details of the opportunity will be disclosed. Please complete the NDA and Buyer Profile from www.AcaciaGroupInc.com/nda.pdf and fax them to us at (408) 852-4358.