Top 100 Salon Spa and Bridal Business - Absentee Turn-key Business

Saratoga Springs, NY

Seller Financing Available

listing image
Sale Pending
Asking Price:$299,000
Gross Revenue:$750,000
Rent:$3,038/Month
Established Year:1994
Cash Flow:$160,177
Inventory:$35,000
FF&E:$65,000
BUSINESS DESCRIPTION

Rated one of the top 100 salons in North America. Currently totally absentee run.

Featured in: Glamour Magazine // Women's Day // Martha Stewart // Self

This COVID PROOF business is turn-key ready for a new owner with LIMITLESS growth potential. Current owner is part time and saying the business can easily be run absentee. The business has grown substantially and has not slowed down through pandemic.

Comes fully staffed with decades worth of brand awareness and a fantastic client base. Seller is ready to retire and this is the PERFECT opportunity to take over a thriving business with EXCELLENT cash flow.

Salon Spa and Bridal located in Saratoga Springs, NY -- the Capital Region’s true beauty expert for more than 25 years. The staff works as a team to provide the best experience possible and ensure that every guest leaves feeling fab.

Whether you’re getting ready for a special event or just want to glam up, with a nationally recognized team you can make every day of your visit to Saratoga Springs fabulous! What we have learned and perfected is that most people want to look like the best version of themselves. Not like a makeup artist, not like a Kardashian, but the most beautiful version of themselves, and that is what we help YOU create. You will feel listened to, pampered, cared for, and YOUR version of FAB!

Now offering bridal beauty teams in Vermont and Massachusetts, plus trichology solutions for hair loss. Endless new product lines and services can be added to offer to the current customer base and attract an entire new generation of clients.

Fill out the "Contact Form" button NOW to request an NDA and receive the full offering memorandum for more info.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,380
Lease Expiration
31/12/2023
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lower level of a luxury boutique apartment complex (former hotel).
Competition
Long-established, name recognition, prime location.
Growth & Expansion
Room for more staff and freelance artists to take on more wedding business.
Financing
Possibly for well qualified buyers with significant cash down at closing
Support & Training
30 days, or willing to stay on until the end of the year. The operations manager is a licensed pharmacist and can run the salon for an absent owner.
Reason for Selling
Pursue another venture.
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Kerrian
Latty
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Kerrian Latty