Upscale Full-Service Salon in WPB

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$475,000 $1,382,267

Services: Hair, Nails, Spas, Tanning

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RE: Upscale Full-Service Salon in WPB Broker: Anton Joro

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,382,267
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $191,905
Real Estate: Not Disclosed
Year Established: 2010
Employees: 44
BBN Listing #: 65744955
Broker Reference #: 1049-16161

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Business Overview:

It would not take long even for the most avid researcher to realize that this upscale salon is as good as they come - 10 years in the business, a destination for high-earners, multiple sources of income, completely designed from scratch with flair, located centrally in Palm Beach County to a wealthy neighborhood and with relative to no seasonality! This one stands at the top of the list amongst available upscale salons and will not last! Perfect for an owner of an existing salon that wants to become even more successful, for a beautician, esthetician or investor that has relocated from up-north or an international buyer with eagerness to make money and establish meaningful relationships with who's who of Palm Beach County. May qualify for a VISA as it has forty W-2 employees!

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Property Features and Assets:

This salon boasts 5,937 square feet of tastefully designed & constructed space with elegant amenities located in an upscale commercial plaza. The salon is located near a mall and the beach and nested in a very affluent neighborhood. The furniture, mirrors and everything else are styled by European designers. Air-conditioned. Surrounded with boutique shops and restaurants. Many high rise apartments are being built in the immediate vicinity. Near to I-95. Assets= $484,837

Market Competition and Expansion:

There's quite a bit of competition in this industry segment, but this salon stands at the top of the pyramid in terms of reputation, desirability of location, multiple sources of revenue and quality of workmanship. This the dream salon that everyone wants to own. Be prepared to be amazed when you go in! The population of Florida is growing each passing day and so is the amount of customers that visit this affluent neighborhood salon. Most of the customers are not seasonal but local, so there's no dip in the summer business. By virtue of reputation, where it's situated and considering the multiple high-rise buildings that are going up nearby - this salon has blue horizons ahead. The opportunities for growth are immense.

Reason for Selling:

Owner is ready to pass the baton to someone else.

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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