Hair Salon Absentee For Sale

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$625,000 $1,566,371

Retail: Health, Beauty, Nutrition

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RE: Hair Salon Absentee For Sale Broker: Erin Crawford

Quick Facts

Asking Price: $625,000
Annual Revenue: $1,566,371
Net Profit: Not Disclosed
Cash Flow: $184,702
Total Debt: Not Disclosed
FF&E: $185,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 26
BBN Listing #: 5330630
Broker Reference #: 6401487068

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Business Overview:

Full service salon offering all beauty services including hair styling and color, nails, makeup, jewelry, and skin care. Large salon in well anchored shopping center with very strong clientele base. Staff all very long tenure and owner is non-stylist absentee currently. Financials show replacing manager and back office (can easily do with one person). Solid financials, W2 employees, excellent E2/L1 visa opportunity. Beautiful build-out, no expense spared and $70K inventory included. Financials are for 3 year average of 2016-2018 recast of tax returns. Please refer to listing 6401487068, Business Broker Erin Crawford when you inquiry about this listing.

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Property Features and Assets:

Lease/Month: $14,000; Square Footage: 3,103; Building Type: Retail; Terms & Options: 1 @ 5 Year; Expiration Date: 11/30/2022.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 5

Reason for Selling:

Retirement after 28 years.

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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