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  • RE:  Well Established Hair Salon Since 2007
  • Contact:  Andy Fischer

Quick Facts

Asking Price: $136,000
Annual Revenue: $449,038
Net Profit: Not Disclosed
Cash Flow: $38,686
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 9
BBN Listing #: 936081
Broker Reference #: 1040-18111

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Business Overview:

Coveted High-End Hair Salon for Sale, located in the Key Biscayne area: Established in 2007, this upscale salon boasts a stellar reputation and a devoted clientele base, setting the stage for a lucrative investment. Offering a comprehensive range of services including hair care, nail treatments, and cosmetology, this salon stands out for its distinguished team of renowned stylists. With 10 stations, including 5 for hair, 3 for nails, and 3 underused dedicated cosmetology rooms, there's abundant potential for growth. Stable staff with average 8 years.  Currently owner-absentee, an operating owner can steer this business toward even greater success. Don't miss this opportunity to own a premium salon in a prime location, primed for expansion and heightened profitability.  Good for an E-2 visa.

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Property Features and Assets:

The space is 1,044 sq ft.  Rent is $ 9,941.  The lease expires on 04/30/2024 and there is one 5 year option to renew.

Assets = $30,300

Market Competition and Expansion:

This salon is one of the oldest and best known in the area, it has a great tradition and location.

The current owner is absentee, an operating owner can increase sales through his presence.  A marketing effort will bring more clients.  There are 3 underused rooms in the second floor that can add additional revenue to the business.

Reason for Selling:

Seller purchased the business for visa purposes.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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