Established Salon Suite Rental Business
West Palm Beach, FL Palm Beach County
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- RE: Established Salon Suite Rental Business
- Contact: Russell Cohen
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $143,244 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $34,558 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $130,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 984416 | |
| Broker Reference #: | 1287-00001 |
Business Overview:
Established Salon Suite Rental Business in Palm Beach County. Semi Absentee Ownership. Simple to Run/No Employees. Established since 2019 helping beauty care professionals by providing them a great work environment. Rent $5,640/month - 3,240 Square feet location with a lease extending to 2029 with a 5 year extension. Great books & records. Seller will provide training to teach the administrative side of the business. 2023 Sales $143,000 with an owner benefit $34,000. Ample parking. If a new owner can get to 100% capacity with room sharing then the sales revenue can exceed $319,000. Location can also be converted to a Dr offices as it would require no renovations.
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Property Features and Assets:
If a new owner can get to 100% capacity with room sharing then the sales revenue can exceed $319,000. Location can also be converted to a Dr offices as it would require no renovations.
Reason for Selling:
RetirementAdditional 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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