MergerPlace

Hair Salon for Sale

Florida (Broward)


  • Asking Price: $60,000
  • Gross Income: $100,468
  • Cash Flow: $39,246
  • Real Estate: Not Disclosed
  • Inventory: $250
  • FF&E: $11,000
  • Listing ID: #224966
  • Established: 2011
  • Employees:

Business Description

Hair salon established in 2011. Conveniently located in a strip mall with high traffic and easy parking. The owner works by herself and rents a chair for $700 a month. There is room for 4 hair stations, there are 2 shampoo bowls available. Seller willing to stay and rent a chair. Seller doesn't do any advertising. Good opportunity for a new owner to add more hair stylists and keep the current owner as a renter of a station.


Business Details

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

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $60,000
Gross Revenue: $100,468
Cash Flow: $39,246
FF&E: $11,000
Inventory: $250
Seller Financing Available: No

Property Information

Facilities:

Space is 600 sq ft for $2,000 monthly rent. Lease expires in September 2021. Options are negotiable.

Growth & expansion opportunities:

The salon has the potential to add additional stylists and also do some marketing to bring more traffic. Currently they don't do any marketing.

Competition:

There are other hair salons in the area. The market is huge as every woman goes to a hair dresser several times a year.

Reason for selling:

Wants to slowdown.

Support & Training:

Will train for 1 week @ no cost Hair salon services are provided in the salon. Each stylist must obtain a cosmetology license.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers