Beautiful Established Salon In Excellent Location
Location: United States -> Nebraska -> Omaha
Industry: Hair and Beauty > Tanning Salons
Businesses for sale Summary
Beautiful salon for sale in an excellent location! Poised for rapid growth! Located in an established strip mall surrounded by affluent neighborhoods, in a high traffic area. Three high schools in the nearby vicinity, students typically hold part-time jobs and have their own spending cash. Salon has been established for 10 years, but was formerly in a location that was difficult to access. Relocated this summer across the street and have already seen an increase in traffic and new customers! Our new location is a prime spot in a busy strip mall. Anchor store is a large, thriving grocery store all the way at the end of the plaza, therefore requiring traffic to drive by all other stores in the plaza. The salon is located next to a busy men’s barber shop and an upscale French restaurant. The salon has its own restrooms and has been updated to conform to ADA requirements.
Existing customer base is loyal. Database contains over 7,000 contacts. The new salon is stylish and family friendly with a unique, fresh atmosphere. We have an exclusive contract with the strip mall that specifies no tanning competitors allowed to do business in the plaza. All beds and equipment are owned, not leased. Beds have been maintained with care, and all beds have been re-lamped this summer. Salon has 10 beds (3 – 20 minute beds, 5 – 10 minute beds, 1 – 12 minute Suncapsule stand up bed, and 1 – 12 minute Starpower mega bed). Two extra rooms are built and ready to add an additional 2 beds. Asking price is $160,000. Call Amy at 402-306-1290. Owners currently do not work regularly scheduled hours at the salon, but manage the business from a home office. The computer system is set up so owners can see in real time the sales transactions for the day and manage all other functions remotely.
Financials
Asking Price Range: < $250K
Gross Revenues: $90,000
Cash Flow: $30,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $80,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1989
Number of Employees: 6 – 9
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will stay on as long as necessary to ensure a smooth transition.
Reason For Selling: Owners are pursuing other business interests that require extensive travel.
