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Salon And Spa With Building For Sale

Red Deer, Alberta, Canada
Asking Price:
$575,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
$50K - $100K (CAD)

Amazing opportunity to own this very well established hair salon and spa on Gaetz Avenue South in Red Deer, Alberta, and best of all, own the building too! Building is 2001 sq ft on the main floor and 1779 developed in the basement. 8 Stations on the main floor, Spray Tanning Booth, 4 Esthetic rooms, nail room, full kitchen, 3 bathrooms and so much more!!! Currently 7 Full time Stylists, Esthetician and Nail Station. building is in extremely good condition and gorgeously decorated. Total Turn Key Business. Full Pictures, Financials, location, etc, once confidentiality agreement is signed.

Property Information

Real Estate:

Real Property Included

Location:

123 Main Street, Red Deer, AB

Premises Details:

2001 square foot building on Commercially Zoned(C1) Lot with ample parking in excellent central high traffic location on the busiest Street in Red Deer.

Size in square feet:
2,001

Business Operation

Expansion Potential:

Room to add 3 more Stylists

Competition / Market:

2 other hair salons in this location

Reasons for selling:

Getting ready for retirement

Trading hours:

9am - 9pm - 6 Days per week

Employees:
10
Years established:
15

Other Information

Support & training:

Owner would like to stay on as a Stylist only with a low chair rental on a 3 year contract.

Furniture / Fixtures value:
$40,000 (CAD) - included in the asking price