MergerPlace

Profitable East Boca Raton Hair Salon

Florida


  • Asking Price: $159,000
  • Gross Income: $177,007
  • Cash Flow: $74,873
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $17,000
  • Listing ID: #226802
  • Established: 2011
  • Employees: 7

Business Description

Fully staffed and fashionable hair salon in East Boca Raton with 7 chairs. Established as a salon for over 50-years. Excellent location with exceptional lease terms. This is a fabulous opportunity for someone with knowledge of the industry. Excellent books and records, seller financing with $129K down, $20k of inventory is included along with all assets and staff. This should qualify for an immigration Visa. Please refer to listing number 0101159184, business broker Tom Milana 561-702-6867 when inquiring about this listing.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Florida

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $159,000
Gross Revenue: $177,007
Cash Flow: $74,873
FF&E: $17,000
Inventory: $20,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 1850 Square Footage: 858 Building Type: Strip Center Terms & Options: 2- 5 year options = 2033 Expiration Date: 12/31/2021

Competition:

Non Compete : Miles: 25 Years: 5

Reason for selling:

Retirement

Support & Training:

Weeks Training: 4 Cost: $0

Contact Business Seller

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Business Listed By:

Tom Milana

Transworld Business Brokers of Central Florida