Business Overview RE: Huge West Omaha Saln fr Just $35,000! Specificatins Price $35,000 Equipment $45,000 Lcatin NW Omaha Emplyees 10 Emplyees Cash Flw $87,828 Inventry $2,000 Lease $5,584 Valuatin Cst t Create Revenue $289,135 Industry Beauty Reasn fr Sale Out-f-State Owner Service Area Omaha, NE SUMMARY OF THE BUSINESS Cnvert this saln with huge grwth ptential t a bth rental system and expand spa services with the 4 existing spa rms. Currently utfitted with 9 statins, emplyees include 6 stylists, 1 massage therapist, 1 skin care prfessinal and 2 receptinists. The immediate area has a higher average incme than 93% f Nebraska, with a 52.3% female ppulatin. Nearly 50,000 cars pass by this lcatin each day, making expansin ptential a great pssibility. Currently the emplyees are part f a payrll, but a new wner culd cnvert t a bth rental system. With thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
all 9 statins rented ut at $400/week, and the 4 spa rms rented t estheticians r masseurs at $600/week, a new wner culd see rental incme f $24,000/mnth, minus expenses. Current payrll expenses average ver $20,000 per mnth, and a new wner culd cnsider keeping current emplyees n payrll and renting ut the remaining bths/rms. At 3,234 sq. ft., the saln services clients in haircuts, clr, wraps, massages, nails, waxing, tanning, skin treatments and makeup. Spa services include a hydr tub used fr therapeutic services. While there are rughly 6 nearby salns, nne f them ffer the extensive services r luxe fund at this ne. It is als the nly saln/spa within a well-trafficked strip mall. Grwth ptential abunds in hiring 5 mre stylists r cnverting the saln & spa t a bth rental system. The 4 spa rms can be rented ut t estheticians r masseurs t expand spa services, r 1 r 2 can be cnverted int stylist suites fr a higher rent. Own yur wn saln fr nly $35,000! This business is perfect fr a stylist lking t invest r a saln wner wanting t branch ut. Learn Mre Business Highlights Emplyees: 10 ttal emplyees 6 experienced stylists 1 skin care prfessinal 1 massage therapist 1 FT receptinist 1 PT receptinist Hurs: Mn. Fri. 9 AM t 8 PM, Sat. 9 AM t 6 PM, Clsed Sunday Grwth Opprtunities: Able t hire up t 5 mre stylists; utilize all spa rms Large established nline presence with rave reviews Lcatin: High incme area with 52.3% female ppulatin; 49,000 pass by this business daily Current Owner Respnsibilities: Payrll (bi-weekly); wner lives ut-f-state and is absentee thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
Financial Highlights List Price: $35,000 2016 Grss Sales f $289,135 Assets: All saln and spa equipment and furniture included; lyal custmers and established brand Inventry: $2,000 * amunts may vary Services Hair Clr Men s Services Bdy Wraps All ver clr & haircut Accent Highlight Chest Wax Arctic Algae Bang Trim Brw Tint Haircut Armatherapy Beard Trim Clr up t 4z Manicure Crythermic Brazilian Blwut Full Fil Partial Clr Mud Child Haircut Glss Treatment Pedicure Herblgy Flat/Curl Irn & Style Lwlight/Secnd Clr Stmach Wax Salt Glw Full Highlight & Haircut Partial Highlight Brw Wax Shamp Blw Dry Special Occasin Hydr-Therapy Tanning Eyelash Extensins Split End Mender 30 min in tub Full Bdy 1 week Haircut & Style 60 min in tub Legs Only 2 weeks Upper Bdy Only 3 weeks Nails Massage 4 weeks Express Pedicure 90 min Ht Stne Waxing Shellac Remval 60 min Ht Stne Bikini Bikini Extreme Shellac 60 min Deep Tissue Brazilian Maintenance Brazilian Wax Paraffin Treatment 90 min Deep Tissue Brw & Lip Brw & Nstril Plish Change 30 min Pregnancy Brw Maintenance Brw Shaping Express Mani/Pedi 60 min Pregnancy Brw Wax Cheek thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
Spa Manicure 90 min Pregnancy Full Leg Full Leg with Bikini Spa Pedi/Mani 30 min Chair Half Arm Half Leg Spa Pedicure Lip Neck Underarm Chin Skin Full Arm Full Face Back Facial Eye Rescue Mask Full Leg Brazilian Brw Tint - Esthetician Eye Treatment Chemical Peels: Eye & Lip Cmb Full Face Makeup Micrdermabrasin Express Eyelash False Specialty Facial Teen Facials: Glyclic Eyelash/Brw Tinting Facial 35 min Medicated Perfectin Classic Facial Lip Cnditining Nn-Medicated Wrinkle Lift Lip Cnditining Airbrush Makeup Cash Flw Analysis Pr Frma by Number f Renters Currently all emplyees are paid a salary and receive a cmmissin percentage based n tenure. As with mst ther salns, a bth rental system is a great alternative as a way t ensure incme and t encurage upselling f retail prducts. There are currently 6 stylists, 1 skin care specialist and 1 massage therapist emplyed. Mnthly Incme 6 stylists renting at $400/week = $9,600 1 skin specialist renting at $400/week = $1,600 1 massage therapist renting at $500/week = $2,000 Ttal rent f $13,200/mnth Retail Cmmissins at 20% $2,640 in estimated mnthly retail cmmissin Mnthly Expenses 1 FT receptinist at $11/hur = $1,760/mnth thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
Rent f $5,584 Utilities (OPPD/MUD) f $928/mnth ($11,136/year) Licensing & insurance f $249/mnth ($2,994/year) Ttal expenses f $8,521/mnth Mnthly Prfit f $7,319 ($87,828/year) There are currently 9 cmmissined chairs and 4 rms fr spa treatments. A new wner culd add mre chairs (up t 5), r cnvert sme f the 4 rms int stylist suites r rent them all t dedicated spa prfessinals. 9 stylists renting at $400/week = $14,400 4 spa rms rented at $600/week = $9,600 Ttal rent f $24,000/mnth Retail Cmmissins at 20% $4,800 in estimated mnthly retail cmmissin Mnthly Prfit f $20,279 ($243,348) ** Amunts will vary based n increases in expenses and/r rental agreements Current wner spends an average f $20,375 per mnth in payrll expenses, in additin t the Prjected Mnthly Expenses shwn abve. Sales Statistics Over 5,400 guests were serviced in 2016 769 new clients 931 were saln clients 575 referrals Average ticket was $50.79 $280,877 in service sales $8,257 in retail sales This is an area ripe with grwth pprtunity thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
Train stylists and estheticians n upselling Offer mre incentives fr retail purchases (i.e., cupns, specials ffered with purchases) Flr Plan 3,234 sq. ft. - Currently there are 6 stylists, 1 esthetician and 1 massage therapist with rm fr the additin f 5 mre stylist statins. The spa area is nt being fully utilized, and with sme refurbishment r rearranging, there are 4 rms that may be rented ut t mre estheticians, masseurs r additinal services. Cmpetitin There are 6 nearby salns One specializes in nly nails Space is small and in need f upgrading Natinal chain Typical run-f-the-mill saln chain Basts lwer prices, but their services are nt as extensive Saln specializing in eyebrw threading Caters t a specific crwd Offers Ayurvedic spa treatments Includes waxing, facials, peels, haircuts and hair treatment thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
Lease rental saln with bths Offers similar services Each stylist rents their bth/space Nail saln & spa Similar services are ffer Interir is similar The saln & spa industry will always have cmpetitin, but what makes ne place stand ut is prducts and services This business ffers an extensive list f services and has trained emplyees The saln itself is stylish, and the website is far better than that f its immediate cmpetitin In a strip mall with currently n ther salns/spas Leg up in prviding mid t high-end styling, full makeup, skin treatments and tanning Emplyees Service emplyees are paid n a cmmissin schedule based n their tenure Stylist 1 60% (8 years - manager) Stylist 2 54% (7 years) Stylist 3 54% (7 years) Stylist 4 54% (5 years) Stylist 5 48% (2 years) Stylist 6 48% (1 year) Massage Therapist 50% (1 year) Skin/Esthetician 49% (1.5 years) Receptinists Full-time - $11/hur (2 years) Part-time - $9.80/hur (1.5 years) All stylists, massage therapists and skin care specialists are emplyees pssible t restructure the saln t make it a bth rental system The manager (stylist 1) handles the day-t-day peratins, as the wner is an ut-f-state investr thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857
T receive a full financial package and specific infrmatin regarding this business: 1. Cmplete the Qualified Buyer Dcuments (Nn-Disclsure Agreement and Buyer Questinnaire) n ur website r print, scan and return the attachments t inf@thefirmb2b.cm 2. Call The Firm Business Brkerage at 402.998.5288 t schedule an appintment r cnference call with a Brker. The Firm currently has ver 90 cash flwing businesses available. If yu find that this is nt a fit fr yu, please let us knw and we wuld be happy t prvide yu with ther pprtunities. The Firm makes n warranties r representatin in cnsideratin t the infrmatin prvided abve. All cmmunicatin regarding this business must ccur directly with The Firm Brkerage, LLC. thefirmbusinessbrkerage.cm 210 N 78th St Omaha, NE 68114 402 998 5288 f 402 939 0857