Well Established Highly Profitable Salon & Spa For Sale

Durham Region, ON

Seller Financing Available

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Asking Price:$1,499,000
Gross Revenue:$1,850,000
FF&E:$38,000
Cash Flow:$618,000
Inventory:$50,000
Established Year:2007
BUSINESS DESCRIPTION

Pre approved for financing. We help buyers seek financing with a minimum of 10% cash required.

Looking for a hair salon where luxury meets artistry?

30% SDE

For over 18 years, this one-of-a-kind destination has been providing the highest quality of hair and beauty services/products to their long standing loyal clientele.

This salon is rated in the top 5 Aveda Salons in Canada and holds a 5 Star rating with them. They have been the recipient of many awards through the community and Aveda.

This turn key salon has been operating in the same location for almost 2 decades and is run on autopilot with current owners only spending a few hours a week in the business. The existing owners will also stay on to help the new owners drive new growth if desired.

Prime Location: Nestled in the heart of a booming community, surrounded by high-end clientele and complementary businesses.

Loyal Clientele: A dedicated customer base that values personalized service and premium care. A key driver of its success is 80 - 85% repeat customers.

Elegant Interior: Sophisticated, fully equipped, and designed for comfort and style.

Skilled Team: Experienced stylists known for creating flawless looks and unforgettable experiences. Compensation & recruiting systems are proven and in place for the new owners.

Proven Success: Outstanding reviews and a reputation that speaks for itself. Utilizing state of the art software & proven systems to run the salon.

We are accepting offers until January 31st 2025 or first acceptable offer.


DETAILED INFORMATION
Location
Durham Region, ON
Inventory
Not Included in asking price
Real Estate
Leased
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
yes full training and support provided
Reason for Selling
Retirement
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VBS Group