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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

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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:

Retirement

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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