* Included in Asking Price
Priced at only .73 times net cash flow, this is an outstanding opportunity. Good businesses selling for less than their net profit is almost unheard of, especially for a semi-absentee situation. This offer will not stay on the market for long and potential buyers are advised to act quickly.
This skincare salon in the city's bustling commercial and financial center has developed a loyal and enthusiastic client base, capitalizing on the Company's superior service and excellent central location. The seller only works about 8 hours a week at the salon, leaving most of the operations to her loyal, competent employees.
This salon features customized skincare treatments including facials, peels, microdermabrasion, body facials, waxing, spray tanning, makeup and their own brand of skin care products. Their success has been fueled, in part, by the affluent, youthful and increasingly health and appearance concerns of the San Francisco area's population. This offering can allow a new owner to step into a well-located, fully-equipped, profitable business with a trained staff and stable, growing clientele that gives consistently excellent Yelp reviews.
Required Licenses: Business, State
Real Estate Number: 01989230
|Competition:||There are 9 other similar businesses in the financial district, barely enough to support the needs of the daytime population of the district. One way this salon differentiates itself is by offering only high quality products that are botanically based and are safe even for the most sensitive and acne prone skin types.|
|Growth Potential:||The seller has done very little marketing, relying mostly on referrals. A new owner could do much to expand marketing efforts and to develop more referral relationships with spas that donâ€™t provide skincare. Skin care is a growth industry. A 12% increase is projected by 2024, fueled by the age-related concerns of the baby boomers and the growing interest from men.|
|Training/Support:||Seller will negotiate a transition period|
|Seller Financing:||Seller will consider some financing for a qualified buyer|
Seller Reference #OAKLACA001-N203
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