Summary: 
Full Service Salon with Nails and Esthetics
Business Type: 
independent
Location: 
Nebraska
Price: 
$87,000
Sales Revenue: 
$154,673
Cash Flow: 
$30,398
Realestate Included: 
No
Inventory: 
$6,000
Internal Listing:: 
BEA001
Reason for Sale: 
Sick elderly parents

Full Service Salon with Nails and Esthetics. Weekly renters fill the salon stations and spaces are included for esthetics and massage; even couple’s massages. This turnkey solution is bustling with excitement with 5 Stylists [3 booth, 2 commission], 7 Nail Techs [5 booth, 2 commission], 1 Massage Therapist [booth], and 2 Estheticians [2 booths]. With main responsibilities being to collect rent from booth renters and to staff the front desk, the new owner can focus on marketing the spa to gain extra business on top of what the loyal, repeat clientele the spa already boasts. The two sisters will stay on and train for six months. Located in the immediate vicinity of a well-established middle to upper-income neighborhood with immediate interstate access, the nearby intersection has a daily traffic count of over 49,000 drivers passing by.
In the first year, a Buyer with a down payment of $13,050 can expect to make 129% return on investment.

Financial Overview
List Price: $87,000
Gross Sales
2015: $154,673
Source of revenue: *Booth Rental $72,060 Annually
*Service Income: $37,054 Annually
Owner Profit/Cash Flow
2015: $30,398
*if stylist, buyer would retain all additional service fees and tips

Assets Included in Purchase: $33,000
Equipment: $24,000
Remodel: $3,000
Intangible Assets: Website and Client List
Inventory: $6,000*
*amounts may vary**
Business Information
Year Established: 2004
Location: Well-established middle to upper-income neighborhood with immediate interstate access
The nearby intersection has a daily traffic count of over 49,000 drivers
Lease: 2,980 Sq. Ft, bay next door is open for expansion
Reason for Selling: Sick elderly parents
Capacity: 6 stylist stations, 2 esthetician stations, 6 nail tech stations, 2 massage therapy stations
Service Providers: 5 Stylists [3 booth, 2 commission], 7 Nail Techs [5 booth, 2 commission], 1 Massage Therapist [booth] 2 Estheticians [2 booths]
Low Turnover
Hours: Monday-Thursday: 9am-9pm
Friday- Saturday: 9am- 5pm
Seller Training Period: Willing to stay on indefinitely as a booth renter
Growth Opportunities: Expand marketing reach by using social media and other unused marketing outlets
Current Owner’s Responsibilities: Collecting rent from booth renters, staffing the front desk

Funding Example
Purchase Price: $87,000
15% Buyer Down Payment: $13,050
20% Seller Financing: $17,400
65% Bank Loan: $56,550
In the first year, a Buyer with a down payment of $13,050 can expect to make 129% return on investment.

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