Hair Salons & Barber Shops, Other Service Businesses
Active
Turnkey Salon and Spa in Nashville
Nashville, Davidson County, Tennessee, United States
Asking Price$899,000
Revenue$1,324,067
EBITDA-
Cash Flow$374,132
Description
Amazing opportunity to purchase a unique, beautifully built out salon and day spa with instant growth potential right in the booming urban core of Nashville. The seller has recently moved out of Nashville and is ready to pass the torch to someone else. Great staff and atmosphere already in place and ready for a new owner to transition in seamlessly. Profitable salons doing over $1M in gross revenue with modern equipment and tasteful build outs do not come to market very often, making this a rare chance. The space is incredible -- $775,000 spent on build out! For more info, please submit an on-line inquiry and you will receive a confidentiality agreement.
Real Estate
Rent is $21,880 per month
Building Size: 6291 sq. ft.Furniture Fixtures & Equipment
$90k
Number of EmployeesFull-Time: 2Part-Time: 10Contractors: 8
Year Established
2020
Reason Selling
Move Out of Nashville
Facilities & Assets
Lease Expiration: 2027. Options to Renew: 2 x 5 year options. Build Out Cost: $775,000.
Support & Training
Negotiable
Market & Competition
There are other salons and day spas, but nothing as upscale in the immediate area, and none with all of the services offered at this location.
Growth Opportunities
Seller will help buyer with a few upgrades/changes that should increase revenue and profitability with minimal investment in the first few months after the sale. More info on growth will be included in the CIM.
Asking Price$899,000
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.