Well established and cosy hair Salon & Spa

Miami, FL
Miami Dade County

Miami close to Coral gables

Asking Price: Annual Revenue:
$99,000 $271,132

Services: Hair, Nails, Spas, Tanning

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RE: Well established and cosy hair Salon & Spa Broker: Raquel Afriat
Owner Financing is Available!
Up to 50% for 24 months to qualified buyer.

Quick Facts

Asking Price: $99,000
Annual Revenue: $271,132
Net Profit: Not Disclosed
Cash Flow: $52,000
Total Debt: Not Disclosed
FF&E: $37,500
Real Estate: Not Disclosed
Year Established: 2003
Employees: 7
BBN Listing #: 139655239
Broker Reference #: 059382

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Business Overview:

Very well known Hair Salon located is the one of the best neighborhoods of Miami. This opportunity is a complete turn key salon operation in perfect condition within 1,100 square feet of space.
Under market rent and very attractive lease. Fully Equipped for Hair Care and all Beauty Services (Facials, Waxing, Manicure, Pedicures).
• Specializing in dimensional color, modern precision haircutting, relaxing facials, manicures/pedicures, eyelash extensions, and black tie/wedding updos and makeup.
• Offers keratin protein treatment for damaged hair. Wedding makeup on location.
• Currently 2 commissioned hair stylists, 3 renters, 2 chairs open for either commission or renting. 2 pedicure/manicure chairs rented and room to add 1 more station.
• Professional, Licensed and trained employees willing to stay.
• All licenses in place. Salon has been in business for over 15 years, with a solid base of upper income repeat customers.
• The Salon is a modern build out with great signage and large front windows with 7 complete chair stations plus 2 wash sinks. On-Site Washer & Dryer
• Attractive, well-appointed contemporary interior with excellent lighting and equipment. The site has excellent and constant traffic as well as private gated parking. The salon is surrounded by strong up-scale demographics to support the services offered.
• Excellent opportunity to earn additional income for a hairstylist professional looking to have their own business. Extremely low fixed expenses.
• Investment Visa, E2 or L1 with a Business Plan candidate. Software for on-line appointment scheduling also included, just load up personnel and go.
• Owner has trademarked a complete line of hair care and skin care products along with complete formulas ready to produce and take line to market included in sale. Owner will help with sourcing manufacture as they come from skin care sector and have taken skin care lines to retail market.

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Property Features and Assets:

7 Complete Hair Stations, 2 Shampoo Bowls, 2 Pedicure/Manicure Stations, New AC., Kitchen, Two Bathrooms with Changing Room. New Washer & Dryer.

Market Competition and Expansion:

Possibility to expand the operating hours by opening Mondays. Capacity to hire 2 more hair stylists and 1 more nail technician as well as keep the salon open till 9pm to service clients after work. Opportunity to rent 1 spa room to a massage therapist or to perform Botox treatments.

Reason for Selling:

Other business obligations.

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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