Charming, well established Spa in a historic section of Arlington, Texas. This beautiful facility is only minutes away from the new Dallas Cowboys Stadium, the BallPark at Arlington, Six Flags over Texas and other popular attractions. The owner has done a marvelous job of creating a relaxation oasis that provides a perfect retreat from everyday life. Their thousands of satisfied clients are testament to the Spa's focus on customer staisfaction.
| Listing No: MBFS-600705435 | *Lender Pre-Qualified* |
| | |
| Category | : | Beauty/Personal Care | SIC | : | 7231 | |
| Detail | : | Hair Salon/Day Spa | Price | : | 550,000 | |
| County | : | Tarrant | Down | : | 550,000 | |
| State/Prov | : | Texas | Adj Net | : | 39,000 | |
| Country | : | USA | Sales | : | 53,000 | |
| Reason for Sale | : | Owner wants to devote time to skin care business |
| General Location | : | Arlington |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| | : | Years Established: 7 Years Owned: 7 Emp FT: 0 Emp PT: 0 Mgrs: 0 |
| Non Compete | : | Miles: 50 Years: 5 Weeks Training: 4 Cost: 0 |
| Operating dys/hrs | : | Monday-Saturday 11:30am-7pm |
| Skills/Licenses | : | Management |
| Business is | : | Relocatable: Y Home Based: N Franchise: N Lender P/Q: Y |
A Dozen Due Diligence issues with Beauty Salons and Day Spas for Sale in Texas
In addition to financial matters, a buyer interested in a Beauty Salon for sale in Texas should consider discussing many of the following issues with the salon owner or their business broker:
How successful has the Beauty Salon been raising prices?
This will depend heavily on demographics and economic times.
What is employee turn-over?
Relatively low pay make this a problem. Hair care salon stylists often take loyal clients with them to different nearby locations.
Has DIY hurt business?
More Do It Yourself products are appearing all the time.
Is there an appeal to a special demographic?
Beauty salons may have certain services and decor to appeal to a particular market segment.
Has there been an increase in area competition?
As more workers go to industry training, day spa competition increases.
What do you consider when buying inventory?
Specialty product sales are a vital part of margins.
Has there been a trend to less expensive services?
Personal care services and day spas are "recession resistant"; however, may consumers who are still customers are choosing less expensive products and services.
What are the best selling services and products?
There should be a close relationship between this and customer demographics.
How are the salon stations maintained?
Are they fully rented or occupied by employees?
What is the advertising and promotion budget?
Are there other creative marketing methods being employed?
Are there additional locations?
Expansion is generally by adding additional locations and not increasing salon size.
How much business is walk-in as opposed to appointments?
Hair care salons that can fill-up appoints have a much higher margin.
Resources for Texas Day Spa and Beauty Salons for sale
The Salon Association
How to Conduct Market Research (SBA)
Frequent Questions about Texas Sales Tax
Confidentiality Policy
As business brokers, we protect the identities of the businesses, the business owners and prospective buyers until we receive completed, signed Confidentiality Agreements and personal or corporate financial statements providing proof of the buyer’s financial competence to meet the down payment. We understand that the sale and purchase of businesses must be held in the strictest confidence to give the involved principals the opportunity to advise employees, customers and others of the transfer when they feel the time is appropriate
For additional information contact Bob Fariss
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