Hair And Nail Salon For Sale
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $42000
Net Profit / Cash Flow $20000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Inventory 29000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Yes.
Reason for Sale Ready to retire.
Description Location: Martin County (Stuart/Hobe)
The salon has been there over 10 years. Good location on US-1.6 Dry stations and 3 wet. Everyone buys their own supplies. Booth rental: $112.00 weekly. Gross yearly is roughly $42k.
There is NO active sales process in place and NO current active marketing of the business. This business would be an excellent add-on to a current business with established marketing programs looking to expand geographic coverage. The asking price is below the cost of the equipment and site tenant improvements. The 10 years of goodwill, location on US-1, and gross revenues are essentially thrown in free.
6 ea. dry stations
1 ea. pedi/manicure station
3 ea. full wet stations
Booth rental: $112.00 weekly.
Security cameras through out. Excellent location for established Salon to expand coverage.
Gross Revenues: $42k
Value of equipment and inventory: $29k
Asking price: $24k
Recurring Monthly Costs: Rent: $900, Electric: $120, Phone and Internet is $95, Insurance is $540 for the year.
Real Estate: Location is in a retail multi-tenant building with an entrance off US-1. Significant salon specific build-out TIs. Lease is m-m, and owner indicates landlord is content and open to extensions.
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