Exclusive Salon And Day Spa In Garnerville For Sale

Business description

This salon has a long-term established and profitable track record, first opened in January 1979 by the current owner and now in this location since 2003. Competition is stable and the best candidate for this salon is a hairdresser with a business mindset and skills who wants a safe, salon for many years to come. Includes inventory and equipment. This salon focuses on haircuts, coloring, manicures & pedicures, nail extensions, perms/weaving, facials and body scrubs. They have 2 licensed massage therapists and offer a wide array of retail products including Redken. The owners own 1/3 of the Commercial mall (6500 SF - 3 suites) on a busy intersection in Gardnerville and are offering this property separate from the business. The current owner wishes to cut back her work schedule and is willing to rent a station back on a part-time basis. She currently has her Cosmetology School degree. The salon provides all facets of personal beauty. There are eight (8) custom built stations and four (4) backwash shampoo bowls and chairs with four (4)dryers and chairs. With the remaining SF in this center, they could expand their capacity and add new services and product lines. The shop is one (1) floor and the approximate rentable/workable area is 2700 SF. There is ample parking and they are close to the main highway on a major cross street. There are three (3) contract labor beauticians who pay $595 per month rental, three (2) stylists P/T who pay $35 per day space rental and one (1) massage therapist who pays $350 per month rental and there is one (1) additional station and one (1) room for a second massage therapist or reflexologist. This is a 2003 new, beautiful commercial mall situated near a large chain grocery store, along with several other excellent food chains and upscale retail stores for increased foot traffic. With their location on a major thoroughfare, public exposure is outstanding. This salon has enjoyed 32 years of solid clientele due to excellent customer service with a relaxing environment and fantastic services. They currently advertise in the local phone book, on their website, FaceBook and through a private client base via email. Seller is willing to finance and a new lease can be negotiated if the real estate is not purchased as part of the sale. This business is debt free and includes $30,000 in equipment. The land and building are offered for sale at Fair Market Value estimated at $1,200,000 subject to standard down payment on a purchase with a commercial loan subject to the parties agreeing to the appraised value by the bank.

Property information

Location:

Located on major highway in busy intersection

Premises details:

2700 square foot suite with ample space for additional stations

Size in square feet:

2,700

Business Operation

Reasons for selling:

Semi-Retirement

Trading hours:

M-F 9-5, Saturday by appointment

Years established:

1979

Other information

Support & training:

2 weeks at 20 hours per week

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

OWC $17,000 at 7% for 36 months

Furniture / Fixtures value:

$3,000 (included in the asking price)