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- RE: Well Established Hair Salon Since 2007
- Contact: Andy Fischer
Quick Facts
Asking Price: | $136,000 | |
Annual Revenue: | $514,209 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $53,211 | |
Total Debt: | Not Disclosed | |
FF&E: | $30,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 9 | |
BBN Listing #: | 936081 | |
Broker Reference #: | 1040-18111 |
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. 2024 is up 15% compared to 2023.
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Property Features and Assets:
The space is 1,044 sq ft. Rent is $9,941. The lease is currently month to month. Opportunity to negotiate a long lease with landlord at better terms.
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
Relevant Links:
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