Hair Salon for Sale

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$60,000 $100,468

Services: Hair, Nails, Spas, Tanning

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RE: Hair Salon for Sale Broker: Andy Fischer

Quick Facts

Asking Price: $60,000
Annual Revenue: $100,468
Net Profit: Not Disclosed
Cash Flow: $39,246
Total Debt: Not Disclosed
FF&E: $11,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 77234955
Broker Reference #: 1040-16094

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Business Overview:

Hair salon established in 2011. Conveniently located in a strip mall with high traffic and easy parking. The owner works by herself and rents a chair for $700 a month. There is room for 4 hair stations, there are 2 shampoo bowls available. Seller willing to stay and rent a chair. Seller doesn't do any advertising. Good opportunity for a new owner to add more hair stylists and keep the current owner as a renter of a station.

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Property Features and Assets:

Space is 600 square feet for $2,000 monthly rent. Lease expires in September 2021. Options are negotiable. Assets= $11,250

Market Competition and Expansion:

There are other hair salons in the area. The market is huge as every woman goes to a hair dresser several times a year. The salon has the potential to add additional stylists and also do some marketing to bring more traffic. Currently they don't do any marketing.

Reason for Selling:

Wants to slowdown.

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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