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Mgt In Place - Luxury Spa & Salon
Location: United States -> Alabama
Industry: Health and Medical > Health Clubs and Spas

Business Summary

*Existing retail non-franchise salon and day spa.

*The Company has a full-time manager, full-time assistant manager, and has a Director of Education with an excellent apprentice program for new employee funnels

*High quality reputation in the industry, most of new business is obtained through recommendations and recurring referrals and repeat customers. Built-in Clientele, mostly working women ages 27-62.

*Beautiful and modern buildout: ~5,200 SF of a free-standing building - available for lease or sale (numbers include $7k/m NNN rent - so if you bought the property + biz the lease/rent would go away)

*Typically runs with about 12 full-time employees and 7 part-time employees

*No family members currently working in the Company

*Reason for Sale: Retirement of sole owner

*Currently, the Owner is not the active manager of the Company but relies upon the current managers in place to run operations

*High intentional employee training using live models for training purposes

*Industry expected to expand at higher than normal rates

*Great add-on business for existing Dermatologist or Plastic Surgeon; However, Medical experience or background not necessary; minimal licensing requirements to transition business

*Company has retained Transworld Business Advisors as its Exclusive Business Transaction Broker

*SBA preapproval pending / May Qualify for Visa

Beautiful and Seller Owned. Could be Leased or Purchased at FMV, asking price $1.1m on real property. If leased, lease will have standard inflation and escalation clause for future rent increases.

Contact us today for NDA and more information.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $990,972
Cash Flow:   $195,122
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Yes

About The Business

Year Established:  2020
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  retirement


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Mgt In Place - Luxury Spa & Salon Photo 1 Mgt In Place - Luxury Spa & Salon Photo 2 Mgt In Place - Luxury Spa & Salon Photo 3

Print Listing Id: 700378882
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers

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