This Spa/Salon has provided stellar services in Chattanooga since 1990
Asking Price: | $75,000 |
Gross Revenue: | $80,000 |
EBITDA: | $40,000 |
Established Year: | 1990 |
Cash Flow: | $40,000 |
Inventory: | $10,000 |
FF&E: | $11,000 |
This upscale day spa features massages, special hair treatments, hair coloring, haircuts for men and women, hair styling, updos and other spa services by request. This spa/salon has a dedicated customer base, a desirable location, and all the supplies and equipment required for a steady, profitable operation. It has been in business for over 30 years in an advantageous location in Chattanooga's vibrant downtown. The outlook for this spa/salon is positive owing to the goodwill created by the current owner. It is a superlative niche business which is generally not affected by economic downturns. Charles Wood, President of the Chattanooga Chamber of Commerce, has stated, "...I do think we have really strong momentum coming out of the pandemic, and we're definitely seeing inbound migration. There is definitely economic and population growth here, but it is not at the scale you are seeing in metro Nashville People are looking at places like Nashville and wondering, will that happen in Chattanooga?"
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