For sale is a full service up-scale hair salon and spa in the GTA providing a range of services from hair cutting and colouring to facials and mani-pedis. The business began operations in 2011 and its sales have been progressively increasing year-over-year. In addition to the hair and spa services, a small portion of revenues is also derived through the sale of salon-brand, organic beauty products. The business is located in a 1,200 sq. ft. facility with a favorable lease agreement in place till February 2021.The facility is fully equipped with styling stations, shampoo stations, color bar, spa room and coffee bar. The business is staffed with a team of highly-skilled and talented employees who posses all the necessary licensing.

The business actively markets the business online using Google AdWords and social media including Facebook and Instagram. The acquisition of new clients are largely derived from its referrals and marketing activities, such as email marketing through professional salon software programs, direct mail advertising, outdoor signage and event marketing. The business has an established relationship with its existing clients, which contributes to a steady stream of revenue. Sales remain steady throughout the year with a greater demand during Christmas time period. There is potential for further growth as the business is located in a heavily trafficked commercial plaza in a newly developing area.

The asking price of $169,000 includes around $80,000 in furniture, fixtures, and equipment and $20,000 in inventory.

Asking Price: $169,000
Furniture, fixtures, equipment (incl.): $80.000
Inventory (incl.): $20,000
Revenue (2015): $232,000
Normalized SDE (2015): $50,000

Posted May 19, 2016

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