Sales Revenue:
$74,000 (USD)
Cash Flow:
$45,000 (USD)
A full-service salon located on the Caribbean island of Ambergris Caye, Belize. This long-standing business has been serving the community, both ex-pats, Belizeans along with tourists and “winter snowbirds” for many years.
Successful with a regular clientele, this is one of only a few salons in town and the only full-service salon on the entire island. The salon features three stylist stations, two washing stations, a hair drying chair station, a separate room for massage services, and a separate room for acupuncture service (both are sublets). Additionally, there is a mani-pedi area with chairs, tables, and supplies (this is a subset as well) and any or all stylist chairs can be rented out. There is a sizable sitting/waiting area that is attractively decorated, has retail sales shelving and displays, and a coffee/water/wine station for customers to relax and enjoy.
This business has excellent sales history, accounting and documentation of sales for the last 6 years.  Month by sales and year over year comps, along with P&L statements since inception are available for review by serious parties.
The current owner is willing to stay on and rent as a stylist if desired by the new owner.
Property Information
Real Estate:
Lease Terms:
Long-term lease in place and is renewable. All specialty esthetician’s/therapist (nails, stylist, masseuse, acupuncturists, etc.) pay sub-let rents to offset the main rent of owner/operator.
Leasehold Rent:
$8,400 (USD) per annum
High traffic location on the edge of town center – San Pedro Town, Ambergris Caye, Belize, Central America
Premises Details:
Located near the town center, well-known location as this business has been in operation for many years. The first floor of a free-standing building.
Size in square feet:
1200 – 1400
Business Operation
Expansion Potential:
A new owner could add more stylist stations. Currently, there are three with only one being operational full time and a second partially. The third chair is currently not rented out at all.
Competition / Market:
Limited competition. There are very few salons (everything much smaller) that are independent operators (one person salons, not full service)
Reasons for selling:
Owner/operator has had salons in two countries for many years, having sold a salon in North America and opening the salon here in Belize approx 8 years ago. Family commitments and preparing for retirement, the owner would like to work only a few days each week (current owner willing to stay in part-time, approx. 2 days a week, renting a chair if allowed by new owners).
Trading hours:
10:00AM – 6:00PM / 5 days per week
Owner/operator and one employee / up to 5 sublet Specialist each paying rent to owner
Years established:
Support & training:
The owner will stay on to train and help with the transition for up to one month. Additionally, the owner would be willing to rent a stylist station if the new owner approves, thus being on-site for additional questions and transitioning.
Financing available:
Possible limited owner financing available if the owner stays on as a stylist via a chair rental agreement.
Furniture / Fixtures value:
$25,000 (USD) – included in the asking price
Inventory / Stock value:
$2,500 (USD) – included in the asking price
Related Documents:
NDA to sign (buyer)
This business can be relocated.