Price Reduced - Beauty & Tanning Salon with Great Cash Flow

Central, Louisiana

Asking Price: $170,000
Cash Flow: $60,000

Business Details

Gross Revenue: $180,000
Inventory: $3,000
Real Estate Included: no
FF&E: $50,000
Seller Financing: available
Franchise: no

Business Description

PRICE REDUCED! Sunbelt Business Brokers of Central & North Louisiana present an opportunity purchase one of the longest established Beauty & Tanning Salons in Central Louisiana. This long-standing cash producing business has been in business for 25+ years and its operations could be further grown with a new owner. Customers are pampered with top notch services including hair styling and cuts, manicures and pedicures, tanning, and a soul soothing aqua massage. The present owner states her customers come in for one service but almost always cross buy and end up with several services for each visit driving additional revenues. Customers also have a wide array of times to purchase these services as this business is open 6 days a week and is the only one in the area that has “before work” hours which has become very popular. In addition to services this salon offers retail beauty products that help build additional customer loyalty. Incredible online reviews vouch for the popularity of this business and the services they provide. The interior is well lit, truly organized, and is nicely decorated with industry appropriate décor. The owners recently updated the interior with a fresh coat of paint and new furniture as well as resurfacing the parking lot and replacing the roof only a few short years ago. The asking price includes nine tanning beds, an aqua massage machine, and eight hair stations. A point of sale system is already in place helping assure the owner receives an accurate account of the sales made every day. One of the most tenured employees in this business has management potential and the current owner is willing to stay on with the salon for training as long as the new owner requires. Some seller financing is available for the right buyer with the right down payment. The current owner will assist in a smooth six month transition to the buyer by working several days a week. The buyer will enjoy very reasonable lease terms and the owners would waive the rent for the first three months following the acquisition. As far as location is concerned this business is located on the busiest highway in the area within a busy shopping area not far from a newly built nationally recognized restaurant. A huge government entity is the anchor of this area’s commerce which brings in new customers and residents on a regular basis. Come see how busy this salon stays, meet the owner that established this business more than 25 years ago, and see the opportunity it presents for you. For more information, call Darren at (318) 407-9561 or email darren@sunbeltbuysell.com.

Addtional Information

Reason for Sale: Retirement

Year Established: 1988
Leased: yes
Willing to Train: yes
Year Acquired: 1988
Home Based: no
Distressed no

Listing Broker

wavatar
Darren Williams
Owner/Broker/Realtor
(318) 407-9561
Darren earned a Bachelor’s Degree in Marketing and Finance from Northwestern State University and secured an M.B.A from Northeast Louisiana University in 1993. Since then he has accumulated a wealth of business knowledge and extensive experience with business startups, financing, forecasting, and expansions as the Director of the Small Business Development Center. Contact Darren by emailing him at darren@sunbeltbuysell.com
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