Price Reduced-Profitable, Salon and Spa for Sale

Reno, Nevada

Ad ID: 1380142
Type: Established business
Category: Services – Beauty & Barber Shops

Financials
Asking: $175,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $40,000

Gross: $290,000
Cash Flow: $90,988

Summary Description
This trusted, full-service salon and spa is situated in a highly trafficked, upscale retail center in Reno. From Day One they have offered their clients cutting edge services in nails, hair and skin care. Facility includes manicure/pedicure area, 4 treatment rooms and 9 hair stations. All service providers are independent contractors and sign annual lease agreements. The top-of-the-line, salon-only, skin and hair care product lines are also offered for sale, allowing the business to maximize its revenue stream and create customer loyalty through repeat visits between services. Personalized customer care separates this business from its competition; loyal clientele realize the quality and results they get from this salon/spa and spread the word. A motivated buyer could build on this business already loyal customer base by offering additional boutique services.

General Information
Year Established: 2011
Employees: 9
Facilities: This 3000 sq. ft. facility is stocked and ready to do business. Over $40,000 of Equipment is included in the sale (Inventory is negotiable). Its exclusive line of products targets health and wellness, and more. The store is located in a busy retail center, is easy to access, and offers ample parking.

Market Outlook
Competition: Launched over 5 years ago, this full-service salon and spa has captured the marketplace in hair, nail, skin care, and massage. One stop shopping for all one’s beauty needs. This company stands above its competition by providing clients with recommended services and styles and by using the highest quality products. The passion and know-how of the employees has built a solid repeat customer base. As Northern Nevada’s population grows, the target market for high-quality salon services is sure to expand.

Growth and Expansion: The full-service salon industry has been growing strong over the years, and its growth is projected to continue. The unprecedented population growth in the Reno/Sparks area offers excellent opportunities to expand the business customer base. This is an established business with an excellent word-of-mouth reputation in addition to fantastic reviews on social media.

About the Sale
Support/Training: Negotiable
Reason Selling: Different interests.











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