MergerPlace

Hair Salon

Florida (Broward)


  • Asking Price: $75,000
  • Gross Income: $130,233
  • Cash Flow: $50,767
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $8,200
  • Listing ID: #218159
  • Established: 2006
  • Employees: 2

Business Description

Owner is the main stylist and has one helper that washes hair and does other jobs. One extra stylist on weekends payable by commission. Ideal for owner-operator. 13 years at same location. This extraordinary and profitable Hair Salon is conveniently located on a main business street and a busy shopping center. The hair salon was adapted inside with modern and all new technology, comfortable furniture and design. This is a full service hair salon. Very low rent with convenient terms. Motivated Seller. Must see it.


Business Details

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

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2

Financial Information

Asking Price: $75,000
Gross Revenue: $130,233
Cash Flow: $50,767
FF&E: $8,200
Inventory: $500
Seller Financing Available: Yes

Property Information

Facilities:

Very Low Rent. The lease is $1,414.51 all included for over 700 sq ft., Renewable. Business has one room that will be used for nails and subleased for $600, so rent will decrease to $815.

Growth & expansion opportunities:

More hairstylists could be hired to grow the business. New owner could add beauty supply products for sale and add other services such as: facials, to increase sales.

Competition:

The service offering and customer relationship differentiates this location from others.

Reason for selling:

Seller wants to retire.

Support & Training:

Will train for 4 weeks @ no cost. The business has all licenses and permits to operate.

Contact Business Seller

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Business Listed By:

Jorge Benejam

Murphy Business Brokers