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  • Listing Number: 200-21310

  • Category: Beauty

Asking Price $225,000
Down Payment
Gross Revenue $301,065
Total Adjusted Net Income $158,741
Equipment / Fixtures $9,000
Year Established 2006
General Location
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Great Growing Area with High Value clientele. This appealing salon has a long history of catering to upscale clients in one of Chesapeake's more exclusive areas. Appointments are booked in advanced and serviced by a diverse highly skilled staff. The spa boast a beautiful calming atmosphere to set a relaxing mood. The owner is active in the salon but ready to retire and is willing to let go of this profitable establishment for a reasonable price.

Gross Revenue $301,065 Listed Price $225,000
Total Income $158,741 Down Payment
Base Rent $3,833 Square Feet 2000
Total Rent $3,833 Lease Expiration 03/2027
Rent Deposit Lease Options 2 options/5 years
Inventory $3,000 Leasehold Improvements $38,207
Equipment / Fixtures $9,000 Other Assets
Full-Time Employees 2 Training Period 2 weeks
Part-Time Employees Special License Required Technicians need state license
Contract Staff 4 Reason for Selling Owner is ready to retire

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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