Hot Listing
Profitable Award-Winning Salon & Med Spa**
Business Description
Rare opportunity to acquire Zoe Grace Salon & Med Spa — a fully operational, award-winning salon and med spa located in Fort Mitchell, KY. This 2,547 SF Class A facility is modern, beautifully designed, and flexible enough to run as salon-only, med spa-only, or combined.
The business has achieved historical SDE of $177K–$188K, supported by gross revenues between $690K–$758K. Even at the conservative valuation, assets alone are worth $429,472 — already well above the asking price of $249,000. On a replacement/rebuild basis, the assets are valued closer to $774,478, with retail resale value of inventory closer to $86K.
The asking price is discounted well below fair market value, which would normally fall in the $400K–$500K range for a salon/med spa of this size and profitability. The reason for this undervaluation is straightforward: the owner has ongoing medical limitations from a car accident and cannot return to daily operations. Rather than holding the business off the market for a year or more until fully recovered, the decision was made to offer it now at a price that reflects the need for a fast, clean transition.
This does not reflect demand — guests continue to reach out wanting services, and several providers are interested in returning if the transition happens quickly. With staffing restored and hours expanded, the business could realistically double its revenue.
Previous buyers reached final stages but their financing fell through. The seller is now seeking a motivated buyer who can move promptly to take advantage of this below-market opportunity.
The business has achieved historical SDE of $177K–$188K, supported by gross revenues between $690K–$758K. Even at the conservative valuation, assets alone are worth $429,472 — already well above the asking price of $249,000. On a replacement/rebuild basis, the assets are valued closer to $774,478, with retail resale value of inventory closer to $86K.
The asking price is discounted well below fair market value, which would normally fall in the $400K–$500K range for a salon/med spa of this size and profitability. The reason for this undervaluation is straightforward: the owner has ongoing medical limitations from a car accident and cannot return to daily operations. Rather than holding the business off the market for a year or more until fully recovered, the decision was made to offer it now at a price that reflects the need for a fast, clean transition.
This does not reflect demand — guests continue to reach out wanting services, and several providers are interested in returning if the transition happens quickly. With staffing restored and hours expanded, the business could realistically double its revenue.
Previous buyers reached final stages but their financing fell through. The seller is now seeking a motivated buyer who can move promptly to take advantage of this below-market opportunity.
About the Business
- Years in Operation
- 8
- Number of Employees
- 13
- Facilities & Assets
- 2,547 SF Class A retail space in a high-traffic Fort Mitchell corridor. 10–16 station capacity (5 currently active), 4 shampoo bowls, dedicated med spa treatment rooms, upgraded finishes, retail displays, washer/dryer, cabinetry, breakroom, and office. Lease through August 2028 with renewal options. Includes all FF&E and non-financed med spa furnishings. Ample parking and strong visibility.
- Website
- https://zoegracenky.com
- Market Outlook / Competition
- Zoe Grace is a recognized brand with multiple “Best of NKY” and “Best of Cincinnati” awards. Operates in a high-income, densely populated corridor where few competitors offer both salon and med spa services under one roof. Loyal guest base extends across Northern Kentucky, Cincinnati, and Indiana.
- Opportunities for Growth
- Historical SDE: $177K–$188K. Sales have been strong, but the business has not run at full capacity (currently 5 stations, space for 10–16). Revenue could be significantly increased with full staffing, extended hours, or double-shifting stations. The Med Spa side in particular offers untapped upside through high-ticket services, injectables, memberships, and events. Flexible model allows operation as salon-only, med spa-only, or combined.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,547
- Rent
- $5,520.00 per month
- Lease Expiration
- 8/30/2028
About the Sale
- Seller Motivation
- Owner is stepping away due to long-term medical limitations from a car accident.
- Transition Support
- Owner will provide transitional support, including vendor introductions, service protocols, software access, and operational guidance. Training length and scope flexible to buyer’s needs.
- Financing Options
- Seller Financing: Available for up to 50% of purchase price for qualified buyer.
Listing Info
- ID
- 2377526
- Listing Views
- 3140
Attached DocumentsAttachment Disclaimer
ZoeGrace_OfficalBusinessValuation.pdf
Business Location
Listing ID: 2377526 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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