LAKE WORTH, Florida
| Asking Price |
$399,000 |
Year Established |
1980 |
|
| Annual Revenue |
$616,683 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Joshua Sagman |
|
| Annual Cash Flow |
$184,541 |
Listing Number |
994459 |
|
| # of Employees |
11 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
Located in the heart of prestigious Palm Beach, this highly reputable salon has been serving an affluent and loyal clientele for over 45 years. With a strong brand presence and a seasoned team of expert hairstylists and nail technicians—many with 40+ years of experience—this business offers unmatched service quality and consistency. The salon’s culture emphasizes professionalism and personalized care, fostering high client retention and exceptional satisfaction. As a fully equipped, turnkey operation, it requires no immediate investment, making it ideal for an experienced operator or investor. Growth opportunities include expanding services, adding retail product lines, and boosting marketing efforts to further capitalize on its elite reputation and prime location.
Property Features and Assets:
<p>The salon comes fully equipped with multiple service stations and private treatment rooms, including hairstyling chairs, shampoo bowls, pedicure chairs, and dedicated wax or skincare areas. The facility features a professionally designed interior and modern fixtures, providing a luxurious and functional space ideal for high-end clientele. All furnishings, equipment, and build-out (FF&E) are included—making this a true turnkey operation ready for immediate takeover.<br></p>
Market Competition and Expansion:
<p>This long-standing full-service salon boasts over 45 years of continuous operation in a premier upscale location, giving it a significant competitive edge. Its reputation for personalized service, highly experienced staff, and a loyal, affluent clientele sets it apart from newer, trend-driven competitors. The salon’s premium positioning is further validated by its ability to raise prices annually without impacting customer loyalty, highlighting its resilience and trust in a discerning market.<br></p>
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