MergerPlace

Hair Salon Since 1997

Florida (Broward)


  • Asking Price: $160,000
  • Gross Income: $305,209
  • Cash Flow: $87,421
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $40,000
  • Listing ID: #206678
  • Established: 1997
  • Employees: 6 FT/ 1 PT

Business Description

Successful hair salon established in 1997. Great location in the Pembroke Pines area with good traffic. Loyal clientele. The salon has 7 stations: 2 pedicure, 2 manicure, 3 hair wash, 1 waxing and facials. All 1099 employees. 5 stylists, previous owner willing to stay. Owner moving out of the area. Great opportunity for someone looking for a successful and established hair salon. Current owner not a stylist, numbers assume owner is a stylist.


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: $160,000
Gross Revenue: $305,209
Cash Flow: $87,421
FF&E: $40,000
Inventory: $6,000
Seller Financing Available: No

Property Information

Facilities:

Strip mall with high traffic. Business has been established in the same place since 1997.

Growth & expansion opportunities:

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

Competition:

Two Salons closed recently, there are other options in the area. This salon has an established clientele.

Reason for selling:

Moving out of state.

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