MergerPlace

Hair Salon Since 1997

Florida (Broward)


  • Asking Price: $150,000
  • Gross Income: $281,209
  • Cash Flow: $70,457
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $40,000
  • Listing ID: #198681
  • Established: 1997
  • Employees: 6 FT/1 PT

Business Description

Successful hair salon established in 1997 and owned by current owners since 2002. Great location in the Pembroke Pines area, with good traffic. The business has a loyal clientele. The salon has 7 stations: 2 pedicure, 2 manicure, 3 hair wash, 1 waxing and facials. All 1099 employees. The business has 5 stylists, including one of the current owners who is willing to stay with the new owner as needed. Partnership split is forcing the sale of the business. Great opportunity for someone looking for a successful and established hair salon.


Business Details

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

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT/1 PT

Financial Information

Asking Price: $150,000
Gross Revenue: $281,209
Cash Flow: $70,457
FF&E: $40,000
Inventory: $6,000
Seller Financing Available: No

Property Information

Facilities:

Business has been located in the same location since 1997. Good traffic area and convenient location.

Growth & expansion opportunities:

The business can grow through more promotions, more internet investment and new management.

Competition:

There are other hair salons in the area. This salon has an established and loyal clientele.

Reason for selling:

Divorce. Partnership split.

Support & Training:

Will train for 2 weeks @ no cost. Licenses: manicuring, pedicuring, nail extension specialist.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers