Upscale Hair Salon and Spa Business for Sale with Huge Potential - Aurora, CO (Arapahoe County)

Description

Business Description A Concept Salon specializing in premium services using Aveda products A gorgeous, upscale turnkey hair salon and spa that has been fully built-out. This Salon offers a great opportunity for a licensed cosmetologist to grow in an already established business with entirely of repeat clients in an affluent community in Aurora, CO. Location: Aurora, CO Inventory: $40,000 Not included in asking price Real Estate: Leased Building SF: 1,500 Lease Expiration: 3/31/2029 Employees: 1 Furniture, Fixtures, & Equipment (FF&E): $50,000 Included in asking price Facilities: A fully built-out 1500 sq.ft upscale hair salon and spa with high-end finishes and over $50K in FF&E included in the asking price. There are 6 styling chairs/stations (with room to expand), 3 shampoo basins/chairs, a separate room for facials, washer and dryer, a break room with refrigerator, utility counter with a sink. Approximately $40K in inventory sold separately (Aveda products). Competition: The Salon has been in business for 11 years with a steady growth in income and repeat clients in an affluent neighborhood. Growth & Expansion: While the Seller has had 3 employees in the past, she is currently working ~50 hours per week without employees. There is a huge potential to grow the business simply with more employees. However, she is currently more focused on the artistry and the services provided to the current number of customers rather than growing the business. Financing: There is room for a small owner-carry Support & Training: There is no franchise agreement with Aveda. However, Aveda offers new product support and training to the owner on an on-going basis. The Seller would like to stay on as an employee for 3-5 years. Length of training is negotiable between Seller and Buyer. Reason for Selling: Looking towards retirement

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