25 Yrs Est Family Oriented Hair Salon

Palm Beach County, FL

25 Yrs Est Family Oriented Hair Salon

Asking Price:$95,000

Cash Flow:$69,432

Gross Revenue:$240,000

EBITDA:$69,432

FF&E:$50,000

Inventory:$2,000

Established:1991

25 Yrs Est Family Oriented Hair Salon

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Business Description

Family oriented, 25 years established 1080 sq ft salon in extremely busy Publix-anchored plaza located along major road with excellent visibility in prestigious part of northern Palm Beach County. Salon has nine hair stations (no nail) and three basins, and was recently remodeled with modern and tasteful decor and equipment. Customers are 50/50 male/female, and about 25% of the business is coloring. Owner is active as a stylist but only generates about $25K/year out of the $240K in annual sales. Salon employs five full time hair stylists (and two part time stylists) who have been there many years and would stay for new owner with a smooth transition. Owner is retiring with health issues. Hours are 9am-8pm mon-fri, 9am-7pm sat, 10am-4pm sun. Nice money-making salon with established clientele in outstanding location that would be perfect situation for new owner-operator to take over. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
two weeks
Reason for Selling:
retirement

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martin berliant

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martin berliant

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