Specialty Hair Salon for Sale in Palm Beach Count

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$70,000 $293,909

Services: Hair, Nails, Spas, Tanning

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RE: Specialty Hair Salon for Sale in Palm Beach Count Broker: JAMES KNOX

Quick Facts

Asking Price: $70,000
Annual Revenue: $293,909
Net Profit: Not Disclosed
Cash Flow: $10,959
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 7696630
Broker Reference #: 6401491856

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Business Overview:

Hair salon specializing in curls for a diverse clientele. Absentee-run business and only half of the chairs are occupied by stylists. There are 12 chairs, only 6 are being used so there is room to grow it. There are a total of 5 employees, 3 of whom are stylists, and each one uses 2 chairs to service more than one client at a time. The seller is not a stylist, nor does he work in the business. He only manages the books and considers himself working 1.5 days per week. He is not making much money, but the stylists are being paid a higher commission split than normal, 60/40. Seller says they understand it could change if he needs to change it and they are ok with that. He has health issues and is ready to sell. Considering all reasonable offers. Please refer to listing number 6401491856, business broker James Knox when inquiring about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $4,184; Square Footage: 1,502; Building Type: plaza; Terms & Options: Available; Expiration Date: 7/31/2022.

Market Competition and Expansion:

Non Compete : Miles: 50 Years: 2

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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