Miracle Mile C.Gables Salon

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$385,000 $229,242

Retail: Health, Beauty, Nutrition


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RE: Miracle Mile C.Gables Salon Broker: William Decanio

Quick Facts

Asking Price: $385,000
Annual Revenue: $229,242
Net Profit: Not Disclosed
Cash Flow: $43,646
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 3
BBN Listing #: 6802630
Broker Reference #: 2201794590

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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 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 highest grossing salon on 'the mile'. Please refer to listing 2201794590, business Broker William Decanio 3054843854 when you inquiry about this listing

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Property Features and Assets:

Lease/Month: $6,100; Square Footage: 2,300; Building Type: Retail Storefront; Terms & Options: 5+2 year option; Expiration Date: 12/31/2024.

Market Competition and Expansion:

Lease/Month: $6,100; Square Footage: 2,300; Building Type: Retail Storefront; Terms & Options: 5+2 year option; Expiration Date: 12/31/2024.

Reason for Selling:

Many years in the 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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