MergerPlace

Hair Salon Absentee For Sale

Palm Beach, Florida


  • Asking Price: $825,000
  • Gross Income: $1,605,208
  • Cash Flow: $190,888
  • Real Estate: Not Disclosed
  • Inventory: $70,000
  • FF&E: $185,000
  • Listing ID: #214132
  • Established: 1992
  • Employees: 26

Business Description

Full service salon offering all beauty services including hair styling and color, nails, makeup, jewelry, and skin care. Large salon in well anchored shopping center with very strong clientele base. Staff all very long tenure and owner is non-stylist absentee currently. Financials show replacing manager. Solid financials, W2 employees, excellent E2/L1 visa opportunity. Beautiful build-out, no expense spared and $70K inventory included. Please refer to listing 6401487068, Business Broker Erin Crawford when you inquiry about this listing.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Florida
Metropolitan Area: Palm Beach

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 26

Financial Information

Asking Price: $825,000
Gross Revenue: $1,605,208
Cash Flow: $190,888
FF&E: $185,000
Inventory: $70,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 14000 Square Footage: 3103 Building Type: Retail Terms & Options: 1 @ 5 YR Expiration Date: 11/30/2022

Competition:

Non Compete : Miles: 20 Years: 5

Reason for selling:

Retirement after 28 years

Contact Business Seller

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Business Listed By:

Erin Crawford

Transworld Business Brokers