Profitable East Boca Raton Hair Salon

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$159,000 $177,007

Services: Hair, Nails, Spas, Tanning


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RE: Profitable East Boca Raton Hair Salon Broker: Tom Milana
Owner Financing is Available!
Loan/Seller - Amount: $30,000 Months: 24 Rate: 8.00% Monthly Payment: $1,356.82

Quick Facts

Asking Price: $159,000
Annual Revenue: $177,007
Net Profit: Not Disclosed
Cash Flow: $74,873
Total Debt: Not Disclosed
FF&E: $17,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 7
BBN Listing #: 4749630
Broker Reference #: 0101159184

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Business Overview:

Fully staffed and fashionable hair salon in East Boca Raton with 7 chairs. Established as a salon for over 50-years. Excellent location with exceptional lease terms. This is a fabulous opportunity for someone with knowledge of the industry. Excellent books and records, seller financing with $129K down, $20k of inventory is included along with all assets and staff. This should qualify for an immigration Visa. Please refer to listing number 0101159184, business broker Tom Milana 561-702-6867 when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $1,850; Square Footage: 858; Building Type: Strip Center; Terms & Options: 2- 5 year options = 2033; Expiration Date: 12/31/2021.

Market Competition and Expansion:

Non Compete : Miles: 25 Years: 5

Reason for Selling:

Retirement

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.

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