Deluxe Salon And Spa For Sale
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1618923
Net Profit / Cash Flow $358617
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 20 - 34
Inventory 225000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Two weeks
Reason for Sale Other business interests
Description Deluxe salon and spa being offered in very busy plaza on busy corner in a premiere area of Palm Beach County. Facility is 5250 sq ft, $9,000/m with over seven yrs left on lease. Salon has 20 hair stations, 8 nail stations, 4 pedicure stations, and 7 enclosed massage/facial rooms. Currently employing 19 hair stylists, 8 nail techs, and 3 massage techs/facialists (staff paid on a commission basis). Owner recently spent over $400K on eqpmt/build-out in making the salon extremely posh and elegant with deluxe accomodations throughout for its clientele. Seller states 2011 annual sales to be $1,618,923 and 2011 annual net income to be $358,617. Current yr 2012 numbers is above 2011 numbers. Asking price of $850K. Seller pursuing other business interests but would be willing to stay to ensure a smooth transition. Please contact Martin Berliant at 561-827-1181 or email for more info.
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