Well Established Hair Salon Since 2007
Miami-Dade County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $136,000 |
$449,038 |
$38,686 |
Furniture and Fixtures Value:
$30,000 (included in the asking price)
Inventory Value:
$300 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
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. Through March 2024, sales are up 10% compared to same period in 2023.
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| Year
Business was Established: 2007 |
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| Number of Employees:
7 FT/2 PT |
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| Facilities / Terms of Lease:
The space is 1,044 sq ft. Rent is $ 9,941. The lease expires on 04/30/2024 and there is one 5 year option to renew. |
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| Potential
Growth/Expansion:
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. |
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| Competition:
This salon is one of the oldest and best known in the area, it has a great tradition and location. |
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| Owner
willing to train:
Will train for 1 week @ $0 cost. |
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| Reason for selling:
Seller purchased the business for visa purposes. |
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| REQUEST MORE INFO |
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