MergerPlace

Upscale Hair Salon/Day Spa

Florida (Broward)


  • Asking Price: $80,000
  • Gross Income: $555,140
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $11,500
  • FF&E: $25,000
  • Listing ID: #209907
  • Established: 2000
  • Employees: 12 FT

Business Description

Reason for Sale: Leaving the Industry- Upscale Hair Salon/Day Spa in Weston. Priced to sell now! Seller Financing! Top location in a High profile shopping center. Established over 15 years with many loyal clients. Salon services over 800 customers/month including 100 new clients. The Salon 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. Perfect for a Visa candidate or an owner operator stylist. Lease extends to 2024. All buyers must qualify with the broker as landlord will be very selective with a new tenant.


Business Details

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

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12 FT

Financial Information

Asking Price: $80,000
Gross Revenue: $555,140
FF&E: $25,000
Inventory: $11,500
Seller Financing Available: Yes

Property Information

Facilities:

Located in a busy Shopping Center. 2,378 sq ft facility- Lease expires 7/2019 with One -5 yr. option.

Growth & expansion opportunities:

An operating owner/Stylist 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:

Leaving the Industry.

Support & Training:

All services provided in a hair salon. Licenses: cosmetology and massage. Will train for 1 week @ $0 cost.

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers