Luxury Hair, Nail Salon and Spa

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$950,000 $870,000

Retail: Health, Beauty, Nutrition

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RE: Luxury Hair, Nail Salon and Spa Broker: LiliyaShmatenkova
Owner Financing is Available!
Loan/Seller - Amount: $200,000 Months: 36 Rate: 7.00% Monthly Payment: $6,175.42

Quick Facts

Asking Price: $950,000
Annual Revenue: $870,000
Net Profit: $218,000
Cash Flow: $218,000
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 15
BBN Listing #: 436630
Broker Reference #: 2201566411

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Business Overview:

High end full service beauty salon, catering to the affluent clientele of one of the most prestigious and busy areas in South Florida. Salon offers a wide variety of services from hair cut and color and manicure to facials and massage. Salon is open from 9 am until 6 pm every day with well trained professional staff working full time as independent contractors. Owner is not required to have any special licensing to operate the business. All systems and processes are already set up. Great growth potential through adding more services such as permanent make up, laser treatments and so on, does not require much additional investments, only hiring professionals. Plenty of space to expand and diversify. Current owner has a permission to open up a small cafe shop either on the front of the salon or in the back, utilizing the back yard of the property. Please refer to listing 2201566411, Business Broker Liliya Shmatenkova when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $12,600; Square Footage: 3,000; Building Type: mall; Terms & Options: +5; Expiration Date: 10/31/2021.

Market Competition and Expansion:

Non Compete : Miles: 10 Years: 2

Reason for Selling:

Other 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.

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