Very Profitable High-end Salon & Day Spa

Business Overview

Business Status: Sold
This Salon and Spa is a growing business with a loyal customer base. Their skilled and friendly staff provide an unparalleled customer experience. The business offers a wide range of products and services geared towards a variety of customer experience. They maintain a strong foothold on the local market share and have well diversified revenue streams. In short, focusing on client experience, while implementing effective processes and procedures has led to the success of this business and been their competitive advantage. Key employees are in place to manage and operate this premier salon and spa. The owner is willing to assist in a smooth transition to a new owner. Please call 905- 538-5741 or email our office if you would like to learn more about this exciting opportunity.

Business Profile

Industry: Salon & Spa
Location: Southern Ontario
Sale Type: Asset Sale
Entity: Corporation
Founded: More than 10 years
Number of Employees: ~15

Financial Information

Asking Price: $399,500
Revenue Summary: Top-line compound annual growth rate (CAGR) of 13.6% from F2015 to F2018
EBITDA Summary: EBITDA compound annual growth rate (CAGR) of 16% from F2015 to F2018. EBITDA projected to grow to ~$164,000 by 2023

Revenue

FYE Normalized
2018 $910,000
2017 $812,000
2016 $700,000
2015 $620,000

EBITDA

FYE Normalized
2018 $140,000
2017 $121,000
2016 $73,000
2015 $53,000

Additional Notes

Included in Sale: FF&E, Working Capital, Inventory and Good will

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