Business For Sale

Upscale full-service Hair Salon in great location

Miami, FL
Miami Dade County

Brickell area

Asking Price: Annual Revenue:
$600,000 $1,133,000

Services: Hair, Nails, Spas, Tanning

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RE: Upscale full-service Hair Salon in great location Broker: Roberta Caputo

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,133,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $103,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 10
BBN Listing #: 5190344
Broker Reference #: 3338

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Business Overview:

Upscale and well-known full-service Hair Salon that for over 12 years has been at the same fantastic location in Brickell. The owner who is not a stylist bought this salon as an investment opportunity and is ready to move on to other business ventures. Employees are high-level stylists required by high-end clients which include locals, tourist and celebrities. The salon has 5 Stylists workstations, 3 Pedicure workstations, 2 Hair Washers and the hottest products and newest trends..

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Property Features and Assets:

The salon is located in a tidy modern facility, established in a well recognized upscale city area. The Salon has 5 Stylists work stations. 3 Pedicure equipment 3 Pedicure workstations 2 Rooms equipped with Lamps, Tables for Facial, Massage, etc. 1 Office /Stockroom 1 Lounge area for personnel Also, the site has enough space to increase work capacity by about 20%. Space is 1,100 sq ft and the monthly lease is $4,200 until the year 2020.

Market Competition and Expansion:

Promotion is made, mainly through its own clients, accustomed to investing in their personal appearance because of professional needs. The Salon makes an efficient combination of social media (Instagram, Facebook, etc.) and interchange of services with well-known celebrities who have a significant number of followers in social media, some of them with more than one million followers. Rising consumer sentiment and per capita disposable income have boosted industry growth and led to increased demand for supplementary services, such as hair modification treatments, skin-care services, and massages. Per capita disposable income and consumer confidence will keep rising as the unemployment rate continues to decline, providing consumers with more discretionary income for luxury services at hair salons.

Reason for Selling:

Other business ventures.

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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