MergerPlace

Very Profitable Largo Hair Salon

Florida (Pinellas)


  • Asking Price: $99,000
  • Gross Income: $197,553
  • Cash Flow: $47,534
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $30,000
  • Listing ID: #223896
  • Established: 2006
  • Employees: 4

Business Description

Fully Remodeled and Very Busy! Great Location! Only $59K Down! High-End Customer

Well-established beauty salon with a fantastic reputation and reviews in a busy Largo shopping center. Sales have been strong as ever during COVID. Specialize in high-end coloring and extensions and charge top dollar for their work. They are usually fully booked. Sales have gone up every year for more than a decade. The salon is completely remodeled and looks beautiful. Totally turnkey. Hiring a few more stylists could dramatically increase sales on an already very profitable business. Very low rent - only $1037/month with 4 years left on lease. $40K seller financing available. Only $59K down! This is a good one!


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Pinellas

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $99,000
Gross Revenue: $197,553
Cash Flow: $47,534
FF&E: $30,000
Inventory: $2,000
Seller Financing Available: Yes

Property Information

Facilities:

7 styling stations. Lots of storage and office area

Growth & expansion opportunities:

Hiring a few more stylists would significantly increase sales and profits.

Competition:

This salon has the reputation of being the very best at high-end coloring and extensions. The shopping center is very busy.

Reason for selling:

After 15 years the owner would like to retire from running the salon.

Support & Training:

Owner willing to stay on as a stylist.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Mark Harmon

Florida Business Exchange, Inc.