MergerPlace

Hair Salon/Day Spa

Adventura, Florida (Miami-Dade)


  • Asking Price: $199,000
  • Gross Income: $160,000
  • Cash Flow: $90,719
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $10,000
  • Listing ID: #211523
  • Established: 2011
  • Employees: 7 FT 4 PT

Business Description

Location! Within the heart of Aventura, Off a Main road. Beautiful upgraded Salon with two private rooms for facials. 3 hair stations, 2 manicure.Low rent with flexible terms. Owner operator, Owner is willing to stay on board after the sale as a part time stylist. Both facial rooms rented out, Both manicure stations rented out. Rent is month to month, it includes water and property tax. Expenses include FPL $130., Alarm system $147., Tlf/WiFi $177. and inventory for daily use. Very Low overhead !


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Florida
Metropolitan Area: Adventura
County: Miami-Dade

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT 4 PT

Financial Information

Asking Price: $199,000
Gross Revenue: $160,000
Cash Flow: $90,719
FF&E: $10,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

2 private rooms for facials, 3 hair stations, 2 manicure stations, 900 sq ft

Growth & expansion opportunities:

Target customers are high-end clients , mostly locals and some seasonal, looking for the most recent trends in style and products who expect high quality work and excellent customer service. Promotion is done mainly through its own clients who are mostly repeats. Current owner is too busy working the salon and travelling; this Salon needs a new owner to be active in social media through Facebook and Instagram accounts.

Competition:

Health and Wellness industry is booming and the demand for anti-aging procedures is increasing as baby boomers age. Salon just got an upgrade with a 2nd new facial room

Reason for selling:

Owner involved in outside business

Support & Training:

2 weeks owner training

Contact Business Seller

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Business Listed By:

Bibiana Gillis

Capital Business Solutions