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Geographically Dominant Multi-Service Spa & Salon! (17916)


Well-established in the state of Virginia, this full-service salon and spa provides hair services, Skincare, spa and massage treatments, makeup artistry, artificial nail and manicure/pedicures, waxing, and quality retail supplies. Sales have doubled over the past few years thanks to its fantastic location and reputation. Projections for 2023 reaching are over $5 Million, an increase over last year’s Revenues of $4,713,082 alongside Discretionary Earnings of $545,996. Well-maintained and surrounded by a high-traffic radius with prime visibility, this retail location encompasses about 6,400 square feet for treatment services, product spacing and waiting areas. The vast facility can accommodate over 30 guests at any given time with dedicated areas for nails, pedicures, hair services, spa services and more. With an involved ownership to delegate and acclimate duties, a large, reliable team of fifty nonunion employees can handle the company’s ongoing growth can continue operations post-sale and assist for a smooth transitioning. Besides their active website, engagements in social media, print marketing and direct emails, an aggressive advertising program could maximize sales & referral sources from a concentrated and repeating customer base. Thanks to years of experience and high local ratings for their wide variety of services, the company boasts strong commands over its market and longtime client relations that bring average five-year pro forma growth ratios of 8%!



Listed By: Tatiana Del Pilar

Background information

Seller Number:

17916

Finance

Sales:

$4,713,082

Profits:

$545,966

Profit type:

Discretionary Earnings

Price and terms

Price:

$3,050,000