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Asking Price:	$980,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Retiring
Year Established:	1997
# of Employees:	27
Yearly Cash Flow:	$300,000
Yearly Gross Income:	$1,400,000

Business for Sale Overview:

Catalyst Business Brokers offer a rare opportunities to own one of the most well known salons in Palm Beach County. Located in a fashionable and busy area surrounded by upscale gated residential communities and the finest country clubs in the immediate area. This very well known salon has been in business for over 20 years in the same location and it offers a classy look and stylish layout with plenty of free parking. This business is currently operating as a full service upscale salon which specializes in women’s and men’s full body care which includes hair styling, haircutting, all color services, manicures, pedicures, facials and makeup service.

Property Features and Assets:

In addition to using top quality products in all of their services, this salon also provides a full range of top quality hair, skin and nail care products that can be purchase to take home. Seller trains and retains exceptional talent to ensure the finest quality customer care and service. The staff includes 9 stylists, 7 nail stations, 2 colorists, a makeup artist, a facialist, 4 assistants and 3 receptionists.

Market Competition and Expansion:

This is a very busy salon, with current strong financial performance and steady growth. It offers real growth potential for a dynamic and energetic new owner/operator. Established 21 years and just had it’s two biggest back to back days ever even in this tough economy. The salon is in flawless condition, but because it is highly recognizable no photos can be provided. The salon is nearly 2,100 square feet @ $8,800 per month. New 5 year lease.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.