Great opportunity to own your own salon and spa business! Euphoria is a well known and established salon/spa operating in Medicine Hat since 2012. This business is turn key and move-in ready for the next wonderful owner. Save yourself leasehold improvements and start working right away! Current owner will provide training on all business end operations including Insight software, website and more. They would like to stay on under new owner for a negotiated period of time to help with transition and provide services. Lease is month to month so new owner would have to negotiate a new Lease with Landlord. Don't miss this amazing opportunity to make your dreams of owning your own salon/spa come true!!
Essential information
MLS® number
A2345009
Status
Active
Price
$37,500
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
Landlord Approval
Building area
2,400 sq ft
Year built
1976
Structure
Mixed Use
Listing brokerage
TMV PROPERTY GROUP LTD.
Source
Pillar 9™ MLS® System
Interior
Included
salon chairs, salon stations with mirrors, trolleys, hair-washing stations, hair dryer, washer/dryer, pedicure chairs, manicure stations, 2 massage tables, shelving, furniture, decor, equipment, social media pages, website and software.
Exterior and construction
Zoning
R-MD
Commercial
Business type
Barber/Beauty
Community
Subdivision
SVPM
City
Medicine Hat
Province
AB
Postal code
T1B1R3
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
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7 photos$125,000123 Anywhere Avenue NW, Calgary
