OFF-MARKET-Charleston Salon and Day Spa For Sale

OFF-MARKET ‘Q3 2024

South Carolina Salon and Day Spa Company for Sale

Charleston, South Carolina (Charleston County)

Seller Financing Available if the price and deal structure is right

Asking Price: $250,000

Cash Flow: $80,000

Gross Revenue: $190,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Established: 2001

Employees: 1 + 3 (1099)

Business Description
This well-established Salon and Spa business has been in business for over 22 years! It provides a comprehensive array of beauty, grooming, and wellness services to its clients. With a focus on hair care, expert stylists offer services such as haircuts, styling, coloring, extensions, and rejuvenating treatments. Nail care is meticulous, featuring manicures, pedicures, nail art, and enhancements delivered by skilled technicians. The skin care services encompass facials, peels, microdermabrasion, waxing, and other treatments tailored to enhance skin health and appearance. The day spa component introduces a relaxation haven, offering massages like Swedish, deep tissue, hot stone, and aromatherapy to promote muscle relaxation and overall well-being. Additional body treatments, such as scrubs, wraps, and detox therapies, pamper clients and nourish their skin.

The business often provides a luxurious ambiance, ensuring a serene and aesthetically pleasing environment that fosters relaxation and tranquility. Professionals in the salon and day spa prioritize personalized service, offering consultations to meet individual preferences and needs. Pampering packages, bundling various services, allow clients to indulge in a full day of self-care. Business name and details will be shared once a qualified Buyer prospect is vetted and provided proof of funds.

NDA required to receive comprehensive Executive Summary crafted by ProNova Partners.

Detailed Information

Facilities:
Leased 1,250 SF retail space. Rent is $2,500 per month (Month to Month). Buyer will need to negotiate a new lease with the LL.

Competition:
There are only a handful competitors nearby with some providing just nail care and others providing a combination of services.

Growth & Expansion:
Growth has not been the focus for the current owner, and the demand for services has been extremely high. Currently only operating at 30% capacity with mostly part-time workers. Hiring more independent contractors will be the fastest way to increase revenue and profits.

Financing:
TBD if structure and terms are acceptable.

Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling:
Retirement