Business Overview:
This 3,200 sq. ft. stylist, boutique salon is located in a high-end community near a major intersection within Palm Beach County. Salon staff consists of 7 hair stylists, 14 nail techs, 1 aesthitician, and 1 massage therapist, most of whom are paid on a 50-50 commission basis. Owner recently spent over $100K on build-out and new leasehold improvements in the salon's current location, Salon has a beautifully built out bar area which seats 9 (beer and wine license included), flat screen tvs, washer/dryer, deluxe website, 6 hair stations, 10 nail tables, and three separate exam/massage rooms. Seller states annual gross sales to be $1,234,642 and annual net income to be $273,141. Asking price is $349K. Owner is not a stylist and has managerial role only.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Other business interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.