Profitable Hair Salon in North Palm Beach

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$149,950 $469,306

Retail: Health, Beauty, Nutrition


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RE: Profitable Hair Salon in North Palm Beach Broker: Russell Cohen

Quick Facts

Asking Price: $149,950
Annual Revenue: $469,306
Net Profit: Not Disclosed
Cash Flow: $124,605
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 10
BBN Listing #: 30494955
Broker Reference #: 1043-15332

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Business Overview:

Reason For Sale: No More Ownership Responsibility- Profitable Hair Salon in North Palm Beach- Great opportunity to enter the Salon industry in one of North Palm Beach finest upscale community. 2019 Sales (trending to $700,000) & earnings (Trending to $125,000+) are up but the owner is ready to step back & stay on as a stylist. Fully equipped with 11 stylists chairs & 7 stylists on staff. Rent is an affordable $4,300/month (1,250 square feet) with a lease extending to 2031. Visa qualified with W2 employees and 1099 staff. Impeccable Books & Records. Priced well for an immediate sale! 2019 #'s Thru September at $469,000.

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Property Features and Assets:

Shopping Center- Rent $4,300 - Lease Expires 8/31/2021-Square Feet 1,210 - Two - 5 year options. Assets = $30,000

Reason for Selling:

No More Ownership Responsibility.

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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