MergerPlace

Upscale Hair Salon

Florida (Broward)


  • Asking Price: $153,000
  • Gross Income: $843,617
  • Cash Flow: $85,332
  • Real Estate: Not Disclosed
  • Inventory: $11,500
  • FF&E: $25,000
  • Listing ID: #202759
  • Established: 2014
  • Employees: 16

Business Description

Completely remodeled upscale hair salon, located in the most important plaza in the city. With a well established clientele, the business has 16 hair stations, 4 shampoo bowls, 3 manicure stations, 2 pedicure chairs (full massage), 1 facial room, 1 massage room, 1 waxing room, 1 make up station, a color bar and a refreshment area. Numbers shown assuming owner works full time as a stylist. Owner only works 10 hours a week. Approximately 800 clients a month. It's a great opportunity to start with a solid clientele base.


Business Details

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

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16

Financial Information

Asking Price: $153,000
Gross Revenue: $843,617
Cash Flow: $85,332
FF&E: $25,000
Inventory: $11,500
Seller Financing Available: No

Property Information

Facilities:

Located in open mall. Most renowned plaza in the area. 2,378 sq ft.

Growth & expansion opportunities:

An operating owner should easily be able to increase the revenues.

Competition:

There are other salons in the area. The location, tradition and upscale service differentiates this salon from others.

Reason for selling:

Moving to another city.

Support & Training:

Will train for 2 weeks @ no cost All services provided in a hair salon. Licenses: cosmetology and massage.

Contact Business Seller

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Business Listed By:

Andy Fisher

Murphy Business Brokers