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Established Profitable Salon And Day Spa In Albany For Sale

Albany, New York
Asking Price:
$90,000 (USD) Furniture / Fixtures included
Sales Revenue:
$296,547 (USD)
Cash Flow:
$80,707 (USD)

Great opportunity to take over an established profitable turnkey Salon and Day Spa with long term repeat clientele and experienced staff in a highly populated city center location with little competition. Business systems, convenient location, website, high ranking online presence and reviews generate continuous new clients ensuring growth. Owner would like to retire and is looking to pass the business on to someone eager to continue day to day operations. This business is excellent for an owner/operator. Salon consistent profit will quickly pay for your investment. Owner would assist in a fluid transition to new ownership transitioning business systems and all current loyal clients to new ownership without disrupting the current flow of business.

A well respected Business Broker was hired to determine Salon valuation. Asking price is considerably below valuation as owner would like to retire Valuation reports are available for financing documentation. Photos available upon request. Any reasonable offer will be considered.

8 Stations
4 Sinks
Mani/Pedi Area
Massage/Lash Room
Aesthetic/Waxing Room
Spacious Waiting/Reception

Inventory
Leased/Great Landlords
Reasonable Rent
Consecutive Profit
Owner will stay on during transition period and can stay on additional time as needed
Owner retiring

Property Information

Real Estate:

Lease

Lease Terms:

Landlord knows owner would like to retire and is amicable to continuing to lease space as a Salon.

Leasehold Rent:

$17,000 (USD) per annum

Location:

Located in busy city center among State, Federal, City, & Professional offices, several Hotels, 2 Convention Centers, newly built/renovated condominiums & apartments, Hospitals, Law School, Medical School, & many Colleges.

Premises Details:

Renovated Brownstone in city center on Main Street.

Size in square feet:
1,800

Business Operation

Expansion Potential:

Opened the Salon during our last recession and the Salon has always been profitable.

Competition / Market:

Nicest/longest Salon/Day Spa in city center, little competition compared with daily worker population saturation.

Reasons for selling:

Would like to retire.

Trading hours:

Currently Tuesday-Thursday 10:00-8:00, Friday 10-8:00, weekend and Monday appointments available upon request.

Employees:
6
Years established:
2008

Other Information

Support & training:

Owner will stay on transitioning business systems and personal clients to new ownership as long as required.

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

Owner would prefer not to finance, but possible. Collateral, terms would be determined depending on buyers situation and credit history.

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