Business Overview:
Pandemic-resistant business. Longstanding Hair and Nail Salon in the heart of Coral Gables' fashion district, on magical Miracle Mile. Ample parking/Valet available. Two Owners will stay to transition and work long-term transition of clients, as needed. Turn-key and ready for new owner-operator's an expansion/infusion in underutilized space; 12 chairs 2 nail stations but currently operating with only three stations active, by design. The salon is set for growth with the addition of professional stylists. Can easily be the highest-grossing salon on 'the mile'. Please refer to listing number 2201794590, business broker William DeCanio when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $6,700; Square Footage: 2,300; Building Type: RetailStorefront;
Terms & Options: 5+2 year option; Expiration Date: 12/31/2024.
Market Competition and Expansion:
Non Compete : Miles: 20 Years: 2
Reason for Selling:
Many Years in industry.
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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