Listing ID: DB 06142018

Location: Parkland Area, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Salon & Spa

 

Business Overview

This gorgeous salon and spa has been a thriving business in the Parkland area for over 8 years. A modern salon and spa, they are consistently growing and keeping up to date with trends and styles. Offering a wide variety of services, from cuts, colors, hair extensions and treatments. Full spa services such as pedicures, manicures, nail extensions, facials and massage. This spacious salon and spa, can accommodate a high volume of clients and services at one time. Employing a number of full and part-time professionals, this is an established and reputable salon and spa.

The salon is equipped with 6 hair stations, multiple pedicure sinks and manicure tables. 4 Esthetic rooms, ready for waxing, facials, and or massages. The salon features a beautiful reception area, and offers multiple high-end brands for retail.

Why This Business

  • Profitable, turnkey operation, all inventory included in the price.
  • Staff expertly trained and willing to stay on with a new owner, including current and previous owners, in a booth-renter capacity
  • Plenty of opportunity to grow this business
  • Ability to accommodate large group bookings

Are the current owners the founders? Yes
Is this a Franchise Business? No
Owner Support/Training: Owner is willing to train a new owner for a negotiated period
Reason for Sale: Owners would like to pursue other options

Business Premises and Location

Does the Vendor own the premises? No
Is the premises part of this sale? No, the property is leased
What is the cost of the lease? Approximately 2,360 sq. ft. Base rent $3,540 per month, plus GST, property taxes and CAM fees. Lease expires Dec 31/21.

Documents Available For Review

Business Sales Memorandum, Financial Statements, Equipment List

Operational Summary

Snapshot

Annual Revenue: $ 342,226

Discretionary Earnings: $ 10,587

Assets: $ 72,500

Information

  • Year Established – 2009

  • # of Employees – 6 F/T, 9P/T, 1 Registered Massage Therapist, 1 Booth Renter

  • Asking Price – $ 189,000

  • Seller Financing – N/A

  • Inventory: 12,500

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