Investment Highlights
Executive Summary
High -Quality Salon/SPA FOR SALE. EXCELLENT CLIENT BASE AND LOCATION! This very successful, salon and spa is well established in the Tri-State area and offers service such as massages, manicures, pedicures, facials, hydrotherapy, waxing, all aspects of haircare products. Having a modern and open look, this award winning premier salon's aesthetics appeal to both women and men. You will be proud to own and operate this elegant business. The business has clean, well-documented financials and performs well. The current owner has artfully designed an experience that has attracted an affluent clientele who appreciate quality personal service. A new owner who is passionate about personal service will be delighted to find a fantastic opportunity to operate a local business that they can be proud of. A documented history of Revenue is available for review to qualified buyers. Training and owner transition assistance is provided in the purchase of this business. No direct experience is necessary as the business already has a staff in place, however a prospective buyer with a strong appreciation of service will perform the best. The current owner runs the business on a day-to-day basis. The price includes building, all furniture, fixtures, and equipment, as well full brand ownership. You should have strong marketing and management and sales skills. Studio 21 Salon and Spa was recently awarded 2016 North East Kentucky Downtown Business of the year by NE Kentucky SBA Administration. Previous awards include "UCLA Anderson School of Business Salon of the Year Finalist, and several "Best of the Tristate Awards" Real Estate conveyed must be financed conventionally. This business would qualify for SBA loans and Ashland has a very good small business incubator that offers assistance. Specs- Building: Aprox. 6000 Square ft. two story building w/parking. Built in 1930, total redo from the ground up in 1996. All updated electric, plumbing, new roof, windows, (4 HVAC units) Gas heat, central air, (3) 200 amp service boxes. 1 stations for hair stylists, 2 massage rooms, 1 facial room, 1 waxing room, 1 sauna hydrotherapy room with Vichy Shower and hospital grade whirlpool tub. 2 manicure stations. Pedicure room with 2 pipeless pedicure stations. 2 bathrooms on first floor, 1 bathroom on 2nd floor with shower, reception area with refreshment bar. Efficiency apartment with 2 large rooms and kitchen currently rented. Retail area w/ approx. 400 sq. ft. for retail sales. Price includes all equipment, retail items, Harms Millennium Salon and Spa Software, 2 computers, 4 camera security system with remote access. The salon has over 24,000 clients in the data base for marketing and a Facebook page with over 2000 followers. Reason for Selling: Owner is planning Retirement Additional Details: The property and business is family owned The owner is willing to train/assist the new owner. This is not a homebased business opportunity.TURN KEY BUSINESS! GREAT ESTABLISHED CLIENT BASE! Approx 5800 sq ft. Here is your chance to build on an established tristate business and continue with its success. Studio 21 Salon and Spa has been in business over 23 years providing top line salon and spa treatments. The spa was the first day spa in Kentucky, east of Lexington to offer cutting edge spa and salon treatments. Owners are wanting to spend more time at their winter home and are looking for someone to carry on with the tradition of providing exceptional services. On the 1st level, the salon has 10 wet stations for shampooing and hair cutting/coloring. A nail manicure area with nail bar, and nicely appointed pedicure with 2 yr old massaging pedicure chairs. An ADA approved bathroom, and 2nd bathroom with shower. There is also a dedicated laundry area on the 1st floor. On the 2nd floor, there are 2 dedicated massage rooms, 2 facial and waxing rooms, a sauna, a hydrotherapy room with vichy shower and hydrotherapy tub, small locker room, laundry area, and bathroom with shower. There is also a 3 room, 1 bedroom apartment that is currently rented. (10) Wet stations (2) Massage rooms, one has 2 tables (1) Extra massage table (1) Massage chair (2) Facial room w reclining tables (1) Sauna (1) Tiled wet room containing Vichy shower and Hydrotherapy Tub, Steamy Wonder Steam Canopy (2) Nail Stations (2) Pedicure Chairs (4) Glass display cases Built in Beverage Bar with commercial refrigerator, Bunn coffee maker, Keurig coffee maker (2) Digital Flat Screen televisions (2) Washers (3) Dryers Reception room w/ 2 computers, Harms millennium Salon software with over 12k in client base. ( in house gift card system) (2) checkout stations and desks. Phone system with cordless phone. Security System with 4 interior cameras Security System for exterior doors Furnished Reception area for 2nd floor spa clients Locker room with 6 lockers 4x12 Digital programmable sign Towels, sheets, cleaning utensils, (vacuum, mops, etc) (3) Bathrooms total (1) ADA Handicapped approved (2) Full baths with showers (1) Bedroom, 3 room apartment Building was built in 1932. A total floor to ceiling remodel was done in 1995. New wiring with (4) 200 amp services, new copper plumbing, and PVC drains, roofing replaced in 2015, all interior sheetrock, exterior siding, 4 gas furnaces, HVAC central air, what remained form old home were the lovely hardwood floors.
