NOT DISCLOSED, Florida
| Asking Price |
$139,000 |
Year Established |
2018 |
|
| Annual Revenue |
$278,408 |
Reason for Selling |
Personal/Family |
|
| Annual P/L |
|
Attention |
Alan Pattee |
|
| Annual Cash Flow |
$15,248 |
Listing Number |
939579 |
|
| # of Employees |
6 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
Well-appointed modern hair salon in central Palm Beach County. All leasehold improvements, FFE and inventory included. Stylish and functional buildout with 10 salon stations, 6 Collins barber chairs with air compressors, 6 hydraulic shampoo chairs with bowls, 4 dryers, color station, inviting reception area and much more. Favorable assignable lease. This is a perfect turn-key opportunity for a hair professional looking to relocate, expand, or start a new dream. Salon has 20+ year history in this location, with great signage/visibility, parking, and proximity to retail and offices. Salon name, customer base, employees all part of sale. Seller extremely motivated. This is Hybrid Ongoing Operation/Asset sale, explanation upon request. Competitive Seller financing available making this a perfect entry into Salon ownership.
This Florida - based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
For more information on this business for sale contact listing agent Alan Pattee. Please refer to listing #6401-328396. Thank you!
Property Features and Assets:
<p>Leased - Strip Center</p><p>Monthly Rent: $5,357</p><p>Square Units: 3,592 sq ft</p><p>Lease Expiration Date: August 30, 2024</p><p>Terms Options: Currently MTM, LL will offer new 5YR lease at same terms with options.</p>
Market Competition and Expansion:
<p>Potential Growth: Salon has database of 15000 customers allowing marketing opportunities for exponential new growth and repeat business. </p><p>Excellent 4.9/5.0<br>Google Review Rating (322 reviews) and 4.6/5.0 Yelp Rating (59 reviews). Revenue shown on recast reflects 8 stylist/4 barber staffing until 9/2023, and 2/2 staffing 10/2023<br>to EOY 2023. 2024 YTD reflect 6 FT staff, both rental and commission. Explanation upon request. Full staffing by new owner can return revenues to prior levels. Competitive Seller financing available.</p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity