33 Years Est. Hair Salon/Studio in Coral Springs

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$39,500 $85,801

Services: Hair, Nails, Spas, Tanning

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RE: 33 Years Est. Hair Salon/Studio in Coral Springs Broker: Russell Cohen

Quick Facts

Asking Price: $39,500
Annual Revenue: $85,801
Net Profit: Not Disclosed
Cash Flow: $60,595
Total Debt: Not Disclosed
FF&E: $1,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 72814955
Broker Reference #: 1043-16718

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Business Overview:

Reason for Sale: Retirement- Long Established Hair Salon/Studio in Coral Springs. Same owner -Same location since 1988. 750 Sq ft Salon studio with 4 chairs. 2020 Sales for 2020- $121k with an owner benefit of $60+k. Seller/landlord will provide a new lease. Lease will extend to 2023 at $2285/month. One of the oldest salons in Coral Springs. Salon is located in the heart of the community redevelopment district. Private parking in back of the shopping center. 2021 #'s thru Nov with an owner Benefit of $60k. Great entry price at $39,500.

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Property Features and Assets:

Storefront location- Rent $2,285/Month-Lease to 12/31/2023- 750 square feet. Assets = $9,000.

Reason for Selling:


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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