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Established Hair Salon - Publix Shopping Center
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $145748
Net Profit / Cash Flow $49841
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 4 - 5
Inventory 35000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide 2 weeks training at no charge.
Reason for Sale Seller wants to work part time and dedicate more time to ailing parent.
Description JUST REDUCED! Fantastic business for stylist who wants ownership and a turnkey business. Well established beauty salon in busy shopping center with Publix and a major retail store. Salon currently has 5 stylist but can accomodate 8 so there's plenty of room for expansion. Current stylists pay booth rent which covers all overhead (rent, utilities, phone, etc.). Seller is willing to stay on part-time and pay additional booth rent. Reduced to sell! $63,900
Salon is full service offering cuts, color, trims, highlights, perms, relaxers, etc. to both male nd female clients. Is an authorized dealer for Redken and Nioxcin. Can expand services to include nail and waxing service as well as expand hair product line. Seller willing to transfer some clients to new owner / styists.
Salon is located in a newly renovated shopping plaza with popular grocery store and large retail store as anchors. Salon is located perfectly for high volume walk in traffic to compliment their study customer base. Entire shopping center was renovated summer 2007- July 2008. Grocery store reopening August 1, 2008. Financials shown reflect decline in walk in traffic due to construction and stripmall renovation.
Price just reduced to $75,000 for sale of business. Sale price includes $25,000 in furniture, fixtures and equipment and $10,000 in inventory. Training is included at no cost for 2 weeks. Seller willing to stay on and pay booth rental (additional income to buyer). Buyer, if stylists, must have cosmetology license. Software also included in business sale.
Salon is located in a 1,270 sq ft leased retail space. Lease is transferrable. Renews 2010 with an additional 5 year term available. Rent is $2,316 per month. Landlord is Publix Supermarkets. Email or call Linda Saavedra at VR Business Brokers 863-226-4106 for more information on this Hair Salon for sale.
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