MergerPlace

Stunning Full Service Salon & Spa

Michigan (Oakland)


  • Asking Price: $225,000
  • Gross Income: $576,810
  • Cash Flow: $149,120
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: Not Disclosed
  • Listing ID: #208201
  • Established: 1992
  • Employees: 12

Business Description

High End Salon & Spa for sale in the affluent part of Metro Detroit area. The current owner has been in business for over 30 years and has been operating out of its current highly visible location for the past few years. Salon provides full range of services including hair and make-up, manicure/pedicure, facials and massages.
The stunning interior is well designed from color, decoration, and furnishings and offers high end feel with competitive prices. Friendly, personable staff with great work ethic consistently delivering quality services.
The turn-key operation includes all equipment, supplies, inventory, excellent website and much more.
This is a one of a kind opportunity and ideal for hair stylist or other spa specialist as well as someone looking to manage and grow their own salon.
More information is available with signed Non-Disclosure. All buyers must show financial capability.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Michigan
County: Oakland

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $225,000
Gross Revenue: $576,810
Cash Flow: $149,120
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

Excellent street frontage with huge daily traffic surrounded by high-end residential neighborhoods. The salon occupies approximately 2,500 sq. ft. of beautifully designed space with 7 stations, 2 nail stations, 2 pedicure chairs, kitchen and separate massage therapy and esthetician rooms as well as inviting reception and make up areas.

Growth & expansion opportunities:

Current owner does very little marketing outside of salon signage, which draws new clients daily. With a fresh energy of the new owner, the salon is poised for continues growth. The owner would be happy to share growth opportunity and expansion ideas.

Competition:

The business is located in a desirable busy area with very few competitors of the same caliber.

Reason for selling:

Looking to slow down and concentrate on family.

Support & Training:

Seller is willing to train new buyer for successful transition.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tanya Popov

Inix Consulting and Brokerage